TV News LIES

Friday, Jul 25th

Last update02:22:45 PM GMT

You are here News Editorials Bruce Enberg: "Børk, Børk, Børk"

Bruce Enberg: "Børk, Børk, Børk"

E-mail Print PDF

Swedish chefYou know how the right has been constantly complaining about Obama's ballooning deficit? They have of course been wrong about that since the day Obama inherited Bush's $1.5t annual deficit and immediately slashed it by getting rid of private crony contractors. There has been a steady decline in budget shortfall ever since, and the latest numbers have set new records.

The deficit for the first half of this fiscal year starting last October 1st was $413b, and this was a decline of $187 billion compared to the same time last year. These numbers were provided by the Treasury Department, so the Right will claim the numbers are fixed. They can't prove that, because math is just voodoo as far as the Right is concerned.

Further more, the deficit for March was only $37 billion, down from $107 billion in March of last year. This particular number was the smallest deficit for the month of March since 2000, (when another Democrat was POTUS).

The deficit is expected to be slightly more than more than 4% of GDP this fiscal year, a drop from a high of almost 10% of the GDP in 2009 at the end of the Bush Adm. This trend shows the deficit falling faster than in any year since the end of World War II, dropping from $1.1 trillion in 2012 to $680 billion. Conservatives had predicted a runaway deficit by this time with interest alone exceeding all possible tax revenue, and of course had Obama been forced to follow Bush's policies this would have come to pass.

More...


Most Recent Related Stories...


We are Israeli reservists. We refuse to serve.

Israeli soldiers refuse to serve in GazaWhenever the Israeli army drafts the reserves — which are made up of ex-soldiers — there...

Israel: America’s Frankenstein Monster

Israel: America's FrankensteinWith Israeli tanks rolling into the Gaza Strip and Hamas fighters firing dozens of rockets into...

AIPAC Is the Only Explanation for America's Morally Bankrupt Israel Policy

AIPACThe official name for Israel's latest assault on Gaza is "Operation Protective Edge." A better name...

Bob Alexander: Where Did All The Dumbasses Come From?

Dumbass awardAfter reading through this morning’s news I had to get away from the computer and go...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!