Thursday, January 19, 2006
Here’s an interesting graph of yearly US budget deficit or surplus from 1961 to 2004. Many argue that the war on terrorism is expensive and has required more government spending in areas such as Homeland Security and that GW Bush has had to deal with events during his administration that cannot be compared with previous administrations. Well take a look at the chart during 1960 to say, 1975. Can you think of any siginificant event that might have also potentially caused a major drain on the US budget… maybe some kind of war? Like maybe Vietnam? It didn’t though. It’s all about how smart the guy at the helm is. Clearly GW has no idea how to run an economy.
There’s not much more to say… the picture says it all.
Click on image to view full size.
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February 8th, 2008 at 4:20 pm
Where can I find an updated version of this graph?
February 8th, 2008 at 4:23 pm
This is more recent: http://www.uuforum.org/deficit.htm