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July 1, 2010 at 1:30 pm
Except that the Bush era tax cuts run out this year. And the deficit spending under Obama is 3 times what it was under Bush……if this was accurate, the “cuts” would end at 2010.
TARP is being used again. Remember, the Sec Treas. can use that money for….whatever….
And the “recovery measures” by which they probably mean the stimulus spending….um, we keep adding more “jobs bills.”
The chart does not show the deficits from the HCR. And that kicks in 2014. How can there be less deficit spending in 2011, than in 2010 when Congress has not even put out a spending plan, but expected bill are expected to cost more than the current crop?
The best this could be called is abstract art.
Here’s a different one: http://gatewaypundit.firstthings.com/wp-content/uploads/2010/06/obama-deficit-bush3.jpg
Or this one: http://lindyborer.files.wordpress.com/2009/04/obama_debt.jpg