Obama and his new budget: Debt will surpass total US Economy

[Schneed10]

Originally Posted by CRedskinsRule

Also, I first meant that chart as a response to dmek's note about Bush's spending, and I am pretty confident 400Billion in 2003 was roughly equivalent to 400Billion in 2011.

Nope, $400 billion today is equivalent to $328 billion in 2003's dollars.

There's been 8 years worth of inflation since 2003, about 2.5% per year.

[CRedskinsRule]

Originally Posted by Schneed10

Nope, $400 billion today is equivalent to $328 billion in 2003's dollars.

There's been 8 years worth of inflation since 2003, about 2.5% per year.

Fair enough, what would 1.65 trillion be in 2003 dollars?

[saden1]

Originally Posted by CRedskinsRule

Fair enough, what would 1.65 trillion be in 2003 dollars?

~1.35 trillion.

[CRedskinsRule]

Originally Posted by saden1

~1.35 trillion.

So, when I used the chart as a simple way to highlight the difference between Bush's outrageous spending, and Obama's Outrageous spending in response to dmek, it reasonably demonstrated my point.

[saden1]

Originally Posted by CRedskinsRule

So, when I used the chart as a simple way to highlight the difference between Bush's outrageous spending, and Obama's Outrageous spending in response to dmek, it reasonably demonstrated my point.

It doesn't because it is deceptive. For one thing it is meaningless and secondly like I stated in my previous post Bush's last budget proposal was ~1.3 trillion dollars. These budgets aren't as disjoint as your "point" would have you believe.