Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Latest Breaking News

Major Hogwash

(17,656 posts)

13. Yet another sign of recovery.

Reply to Omaha Steve (Original post)

Fri Sep 12, 2014, 01:03 AM

Sep 2014

Lowering the annual deficit was one of President Obama's goals when he first ran for the office of President of the United States.
With the recovery, and the creation of 30 million new jobs, the deficit was naturally going to go down as more people were able to pay income taxes, cutting the annual deficits.

Click here to purchase valentine hearts!

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

17 replies

= new reply since forum marked as read

Highlight:

US budget deficit dips to $128.7 billion in August [View all] Omaha Steve Sep 2014 OP

Yet another feather in PBO's hat ailsagirl Sep 2014 #1

Not to rain on your celebration, but yeoman6987 Sep 2014 #2

Yikes, I read it wrong!! ailsagirl Sep 2014 #3

Lol yeoman6987 Sep 2014 #5

At least you have Polamalu. He is fun to watch. n/t indie9197 Sep 2014 #11

The deficit is down, deal with it. Kingofalldems Sep 2014 #8

I remember when a yearly deficit that high was considered obscene. nt. Paolo123 Sep 2014 #4

The austerity... it's still working... MannyGoldstein Sep 2014 #6

Remind us, AP, whats the national debt right now??? nt 7962 Sep 2014 #7

Looks like republicans are not liking this one. Kingofalldems Sep 2014 #9

Amazing what a couple trillion of Monopoly money (I mean Q.E.) can do Psephos Sep 2014 #10

Are you sure that the money that the fed "loans into existence" does not get recorded as debt? indie9197 Sep 2014 #12

They call it "balance sheet expansion." Psephos Sep 2014 #15

+1 candelista Sep 2014 #17

Yet another sign of recovery. Major Hogwash Sep 2014 #13

Almost down to the level of Bush*'s RECORD Deficits. Bandit Sep 2014 #14

Statistical noise. candelista Sep 2014 #16