HeyBub wrote:
Charlie Self wrote:
Thus making Bush more of a bum...? Or less of one?
Bush is a swaggering loudmouth who knows that he isn't going to have
to pay the bill, be it economic or physical.

There were deficits under Bush, true. In his last year it was about $400
billion. A lot, but a robust economy could overcome that. Obama's 1st year
deficit is projected at $1.85 trillion (CBO).

In fact the 1st year Obama deficit alone is larger than the deficits for all
the Bush years combined. Obama's second year's deficit is projected at $1.4
trillion. The deficit drops a bit faster after that, the third year's
deficit a more modest $1 trillion.

The president has taken note of this, however. According to the Washington
post just today:

http://www.washingtonpost.com/wp-dyn...041902009.html

The president has ordered his departments to come up with $100 million in
cuts. Considering the entire budget is $3.5 trillion, the cuts the president
proposes are equivalent to a family with a $75,000 income giving up two cups
of coffee. Or a family making $250,000 giving up one paperback book. Per
year.


$3.5 trillion is almost $10,000 for every person in the US or $40,000
for a family of four. Since the median household income is about
$50,000 a year...