President Obama Largely Inherited Today s Huge Deficits
{ Posted on Dec 17 2009 by Economics - Today's Popular Articles at http://www.inveslogic.com }
What is the cause of large and continuing budget deficits? The Bush tax cuts, the wars in Iraq and Afghanistan, and the economic downturn explain explain virtually the entire deficit over the next ten years. Notice the tiny contribution of Tarp...
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