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[quote=Anonymous][quote=Anonymous][quote=Anonymous]The deficit is the direct result of (1) the wars in Iraq and Afghanistan (2) the Bush Tax cuts and (3) the recession.

The biggest problem is the Bush tax cuts.

[img]http://2.bp.blogspot.com/-4RWJEF3jk2s/Tv48kZPc1nI/AAAAAAAAAk8/TMFehVJpdzY/s1600/Deficit%2B-%2BCBPP.jpg[/img]
[/quote

So conservative posters, please explain.  [/quote]

Can you read a chart?  Based on your chart, most of our deficit created on Obama's watch has been from the Iraq and Afghanistan wars, the recession, TARP, and failed "recovery measures" (e.g., stimulus) up until the last few months - only a sliver from the Bush Tax Cuts.  And he escalated the war in Afghanistan.  And JUST ended Iraq.

Here's what you don't get, probably because you are not a tax lawyer or economist - tax revenues generally go up every year even without any tax rate increases as the economy grows and due to inflation, and it doesn't appear that your chart takes any of this into account, so the projections may be off.  Hopefully, your annointed one can continue to save our economy and create jobs with his green energy and failed stimulus, and if he does, then tax revenues would correspondingly increase, so actually, since he already did those things and ended the recession back in 2009, maybe your chart is off already. . . Secondly, this chart mostly is a projection waaaaaay into the future, and who knows if in the future it won't become necessary to raise taxes, or who will raise them (Congress passes tax laws btw, not the president).  I do not profess to be a soothsayer as does the author of this graph.  We only know for absolute certain what has happened, and what is - most of our deficit up to date is NOT the result of the Bush tax cuts - that is a fact, even according to your own chart/graph.      [/quote]

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