Budget Deficit Grows.

I was under the impression the reason the debt has sky rocketed is due to Obama actually including costs like Iraq and Afghanistan.. Something Bush wasn't doing. Is this not correct?
 
[quote name='fullmetalfan720']What's another 10 trillion or so?[/QUOTE]

$10 trillion? Hahaha. Wait for the actuals. Obama's numbers are derived using extremely rosy scenarios and many methods of fantasy accounting, something the government has gotten quite good at over the last few decades. For example, Clinton managed to convince most people that the government ran a surplus the last couple years he was in office by ignoring that without raiding Social Security monies the government was still running a deficit. Likewise, Bush simply didn't include "emergency" spending, such as those unexpected billions poured into Iraq and Afghanistan, in his deficit numbers to make them look less horrible (although still horrible).
 
[quote name='elprincipe']$10 trillion? Hahaha. Wait for the actuals. Obama's numbers are derived using extremely rosy scenarios and many methods of fantasy accounting, something the government has gotten quite good at over the last few decades. For example, Clinton managed to convince most people that the government ran a surplus the last couple years he was in office by ignoring that without raiding Social Security monies the government was still running a deficit. Likewise, Bush simply didn't include "emergency" spending, such as those unexpected billions poured into Iraq and Afghanistan, in his deficit numbers to make them look less horrible (although still horrible).[/QUOTE]

Here are a few examples of what I was talking about:

http://www.realclearmarkets.com/art...ely_optimistic_deficit_projections_97378.html
 
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