Some might recall that the title of the Obama Administration's first budget was "A New Era of Fiscal Responsibility."
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"To get rich is glorious." -- Deng Xiaoping. This is perhaps the smartest thing ever uttered by a member of the Communist Party.
I have a BA in International Affairs and MA in International Trade and Investment Policy. I live in Washington, DC and work for a Fortune Global 500 company as a public policy analyst.
3 comments:
hey, didn't Bush exclude the budgets for the wars in Afghanistan and Iraq in his overall budget, whereas Obama did?
Yes, but deficit figures include total spending from what I understand.
but...seems like the majority of the budget is due to SS and Medicare costs - which Obama didn't cause, but is trying (in some peoples' opinions) to manage - plus the Iraq and Afghanistan war, which Bush started. Plus the Medicare prescription benefit that Bush/GOP rammed through.
Where are the shocking new entitlements or programs that Obama is proposing that's blowing up the deficit?
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