
Originally Posted by
boomermagic
want some REAL numbers?:
Some government accounting figures about US federal government annual budget finances.
1981 deficit (Carter’s last budget, inherited by Reagan): $79 billion
1984 deficit , last year of Reagan’s first term: $185.4 billion
2009 deficit (Bush’s last budget, inherited by Obama): $1.413 trillion
2012 estimated deficit: $1.327 trillion
Reagan first term, comparing first year to last: deficit increased about $106 billion
Obama first term, comparing first year to last: deficit decreased about $86 billion