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ralphcat52

Last active

10 months ago

ralphcat52 commented on the diary post President Obama Doesn’t Understand the Origins of the Deficit by Dean Baker.
2011-07-26 09:09:25View | Delete

That should be TARP = $224BILLION AND Bush Stimulus = AN ADDITIONAL $773BILLION, totaling $997BILLION added after the January 2008 CBO projections and before President Obama took office.
ralphcat52 commented on the diary post President Obama Doesn’t Understand the Origins of the Deficit by Dean Baker.
2011-07-26 09:02:08View | Delete

You have to add in two huge additions to the deficit that occurred in 2008 and prior to January 20, 2009 — TARP = $224BILLION and the 2008 Bush Stimulus added $773BILLION.

President Obama was correct even if he didn’t itemize.