U.S. deficit now lowest since 2007
On January 7, 2009, two weeks before George W. Bush crawled out of office the CBO announced that another 'conservative' administration would leave our country with a $1.2 trillion budget deficit for fiscal year 2009. When Bill Clinton left office eight years earlier that same yearly CBO report projected "the government would run surpluses totaling more than $5.6 trillion over the 10 year period from 2002 through 2011".
I know what the simple-minded, low-information Teabaggers will say; George W. wasn't a conservative' like Ronald Reagan. Reagan is the 'Father of Huge Deficits'. He TRIPLED our national debt in his eight years. Face it numbnuts; Wingnuts, Teabaggers or Republicans are not fiscal conservatives. I NEVER use the word conservative when I refer to the losers on the right in this country. It's about as big of an oxymoron as one could tell.
You're welcome. Class is over, you're dismissed. Have a nice weekend.
