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Thread: Budget deficit will only be 7 trillion says obama, mmkay but what about the debt?

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    Budget deficit will only be 7 trillion says obama, mmkay but what about the debt?

    Obama says that the 9 trillion thing was a joke.

    http://www.examiner.com/x-21433-Midd...Bad-either-way

    But know that either way the deficit does not equal the amount of extra debt. Here's what happened under bush.



    So we can safely say that the national debt will increase twice the amount of the deficit. So at the very least with a further 15 trillion all the way to 27 trillion. But i'm sure the gdp will be 45 trillion by then
    Last edited by fatjohn; 08-26-2009 at 07:12 AM.



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