Sunday, October 7, 2012

The Most Profligate Fiscally Incompetent Presidency in History

The Most Profligate Fiscally Incompetent Presidency in History

Federal spending: $3.5 Trillion (2012 Vs. 2011, was $3.559 T in )
                            Down    1.6%    (2012 Vs. 2011)
Medicare:             Up        3%       (2012 Vs. 2011)
Social Security:     Up        6%       (2012 Vs. 2011)
Pentagon:             Down    3%       (2012 Vs. 2011)
Interest on debt:   Down    3%,      ($258B in 2012 Vs. $266B in 2011, due to lower short term rates)

Record Years of Largest Deficits in US History: 1947, 2009, 2010, 2011, 2012

No comments:

Post a Comment