TheRealMafoo said:
"Mr. Obama's $3.6 trillion budget blueprint, by his own admission, redefines the role of government in our economy and society. The budget more than doubles the national debt held by the public, adding more to the debt than all previous presidents -- from George Washington to George W. Bush -- combined." The Author: Mr. Boskin is a professor of economics at Stanford University and a senior fellow at the Hoover Institution. He chaired the Council of Economic Advisers under President George H.W. Bush. |
If 3.6 trillion "more than doubles the national debt held by the public", why then is the national debt said to be over TEN trillion? More specifically, why do Wikipedia and the U.S. Treasury website seem to say that the pulic holds over 5.8 trillion of it?
Also, isn't it a bit dishonest to say that he's done it in two months, when it's all planning and the actual spending will take much longer, even if that number stays true, which it won't necessarily do?
P.S. Even casting aside all of the above, if you adjust for inflation, is the assertion still true?
Tag (courtesy of fkusumot): "Please feel free -- nay, I encourage you -- to offer rebuttal."
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My advice to fanboys: Brag about stuff that's true, not about stuff that's false. Predict stuff that's likely, not stuff that's unlikely. You will be happier, and we will be happier.
"Everyone is entitled to his own opinion, but not his own facts." - Sen. Pat Moynihan
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The old smileys:
; - ) : - ) : - ( : - P : - D : - # ( c ) ( k ) ( y ) If anyone knows the shortcut for
, let me know!
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I have the most epic death scene ever in VGChartz Mafia. Thanks WordsofWisdom!







