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Re: The Real Numbers 

By: oldCADuser in FFFT | Recommend this post (2)
Mon, 07 Jul 14 10:19 PM | 1164 view(s)
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Msg. 65535 of 65535
(This msg. is a reply to 65535 by killthecat)

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Not one single dollar "printed up by the Fed" has contributed anything to the deficit, in the same way that my going to my credit union to borrow money to buy a car does NOT contribute the nation's deficit. Granted, it may increase the debt held by the public, but that's not the same thing as the deficit or even the national debt.




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Re: The Real Numbers
By: killthecat
in FFFT
Mon, 07 Jul 14 9:56 PM
Msg. 65535 of 65535

No mention of Obama budget deficits or the $4 trillion printed up by the Fed. I guess $9 trillion is of no concern.

What's wrong with this picture?

http://www.heritage.org/federalbudget/debt-limit-by-president


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