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

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Old 02-15-2011, 10:49 AM   #1
saden1
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Re: Obama and his new budget: Debt will surpass total US Economy

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Originally Posted by CRedskinsRule View Post
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.

See that's the thing, it isn't. When you factor in inflation there's a huge difference. The rate of inflation change since 2003 is roughly 18.5%. 400 billion then is ~474 billion in 2010.
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