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View Diary: Deficit down 32%, proof that the solution Revenues not Austerity.. (10 comments)

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  •  2009 had an oddity of TARP financing (0+ / 0-)

    transactions which get reported as spending when it was lending activities.  When this was paid back it was reported as negative spending.

    Use 2008 as the base comparison year as it does not have that oddity or back out that oddity.

    There has also been a large increase in spending for new items such as green energy through tax credits, so this understates spending.

    The most important way to protect the environment is not to have more than one child.

    by nextstep on Wed May 08, 2013 at 02:45:12 PM PDT

    [ Parent ]

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