Thursday, October 31, 2013

Obama Has Presided Over 5 of 6 Largest Deficits in U.S. History

Obama Has Presided Over 5 of 6 Largest Deficits in U.S. History | CNS News:
"In fiscal 2008, the last full year that George W. Bush was president, the deficit was $454.798 billion.

Even when adjusted for inflation, the $680.276 billion fiscal 2013 deficit is only exceeded by one pre-Obama deficit--the one the U.S. government ran in 1943, during the height of World War II. 
That year, the deficit was $54,554,000,000--or $738,367,890,000 in inflation-adjusted 2013 dollars."

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