8 Percent

[overzen]

Great news everyone. The deficit has been cut by 8 percent!

While there's a long way to go, at least we're headed in the right direction after 8 years of....*ahem*....certain groups.

I guess it takes a tax and spend Democrat to start balancing the budget over a "fiscally responsible" Republican.

I wonder if this will bait anyone? :D

Comments

[freakylynx]

Looks even better visually :P
*lol*

[keeganfox]

It only looks like that because the liberal media wants to make their favorite party look like they're doing something right!

It takes 4 years for economic plans to come to fruition. You're just seeing the fiscally responsible Republican's work showing results!

Now the Devilcrats are going to ruin it all with healthcare!! Ohnoes!!

[voychael]

Wow, that sure is a neat chart... with the numbers and colors, and stuff. ^_^

Considering I was a loan officer at the end of 2006, watching as the world fell apart around me, I'm pretty sure politics didn't have much to do with the long red danglies we got going on now. Not even Bush! *liberal gasp!* That being said, there WERE laws in place that could have prevented some of this if the financial markets were regulated as they should have been. A complete failure of SEC execution and oversight. Even today they are still struggling for stronger authoritative measures.

Top that off with NAFTA and rampant globalization (which is a good thing) and the U.S. is discovering an economic equilibrium in the world marketplace with the rise of other nations. The rise of other nations means the loss of U.S. global market share (thus the loss of $$$).

Do I think Obama is doing a good job with the economy? Yea sure, just about as well as Roosevelt did in the 30's. Some good, some bad... The solution back then came outside of politics in the form of Hitler. It's a shame we can't give Bin Laden a little rectangle mustache and paint a swastika on his turban, eh? Better yet, let's get Al Qaeda done up in some Hugo Boss. Do I think that will solve the problem? No, but it makes for an interesting visual. =3

Instead of new laws and muddled politics, the government needs an overhaul in total quality management. Period. If the SEC (as as well as a host of other branches) was ran as it was intended to be, private organizations wouldn't be able to drag us off the cliff with them (even if they're thrown a gov't parachute). But it's not just internal policies that is causing the economic downturn.

The world is simply producing higher quality products that were once only an accomplishment of the U.S.. After WWII, the U.S. was the only country with intact industrial capabilities. In other words, it monopolized the world. Of course the 50's were the best time in American history, we had no competition. Now we do. We will lose money as national economies merge into a single world economic engine. Democrat or Republican, the scales tip towards balance.

[keeganfox]

That's quite the interesting view point. Thanks for sharing. :)