leftwinger
Diamond Member
End of 2008 was a wild spending party including TARP allocaton. TARP loan packages were paid back in later years. This skews the final GWB numbers as we have pointed out numerous times. reportedly they delayed much spending until Mar 09 to really pour it on. It was a wild crazy time, spending our money.
There was a deficit in all of GWB years, by no means was anyone doing dance of joy. 88bil for AIDS in Africa, dept of homeland securuty created........on and on. Housing crash blew it all up.
But somehow BO has managed to keep spending at TARP stimulous levels throughout. A small bit less due to "sequesrer"? They are all in on it, robbing us blind and spending $1T over each year avg last 9 years. Yes, $20T by OCT 2017
There was a deficit in all of GWB years, by no means was anyone doing dance of joy. 88bil for AIDS in Africa, dept of homeland securuty created........on and on. Housing crash blew it all up.
But somehow BO has managed to keep spending at TARP stimulous levels throughout. A small bit less due to "sequesrer"? They are all in on it, robbing us blind and spending $1T over each year avg last 9 years. Yes, $20T by OCT 2017