Wednesday, November 21, 2007

The PIAPS Claims Deficits are 'Mounting'

According to the Oinkubus, deficits are increasing:


“There is one job we can’t afford on-the-job training for — that’s the job of our next president,” Mrs. Clinton said in Knoxville, Iowa. “That could be the costliest job training in history. Every day that’s spent learning the ropes is another day of rising costs, mounting deficits and growing anxiety for our families. And they cannot afford to keep waiting.”

Here are the federal budget deficits for the last four fiscal years. Source is National Economic Trends, published by the Federal Reserve Bank of St. Louis, p. 16.

2003 $372.2 billion
2004 370.6
2005 318.2
2006 220.0

That doesn't look like an increase to me. But of course, we know that Hillary isn't about to let the facts get in her way.

The only thing that is mounting is your husband, Hillary. He will mount anything that walks.




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