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by seigenblues 5282 days ago
Did you just not look at the first graph in the NYT article? It actually shows where the projections came from.

And i'm not really clear if you understand the difference between recorded deficits, which are year-to-year losses, vs. the debt, which is the cumulative total of the yearly deficits and surpluses?

Your comments about whether Bush's tax cuts are now Obama's, and whether or not he hasn't "been powerless" in the face of the ridiculous obligations previous lawmakers have saddled him with (Medicare Part D) suggests a smidge of ignorance about the process of policymaking in our country.

Finally, i'll point out that your objection to these "projections" because they are just that, projections, calls this naturally into question: Look at the two sets of projections, the one issued in 2001 calling for eight years of surpluses and the one issued in 2009 calling for eight years of horrible deficits. In what way can you really object to these graphs because of their "rosy assumptions"? Yikes.