
We went from a 438 billion dollar deficit in 2008 to a projected 972 billion dollar deficit in 2012. Obama doubled the deficit.

We went from a 438 billion dollar deficit in 2008 to a projected 972 billion dollar deficit in 2012. Obama doubled the deficit.

During his State-of-the-Union address, Obama said, “Let me repeat–nothing I’m proposing tonight should increase our deficit by a single dime.”

Back under George W. Bush we had a mere 239 billion dollar deficit. These days a 239 billion dollar deficit is as fanciful as a trip to the moon. By 2016, the last year of Obama, unless he decides to go full FDR and go for a third term, we’ll be spending over 4 trillion a year.

How a Republican governor’s austere budget may rescue the economically ailing state and establish a formula for financial recovery.
Donald Rumsfeld
May 21st, 2013
Beverly Hills, CA
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Charles C. Johnson
June 19th, 2013
Los Angeles, CA
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