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Do Not Trust obama’s Budget Numbers


Do not trust obama’s Budget numbers he just came up with, let’s look back at his 2009 Budget…

The president claimed by 2012 his budget would cut the deficit in half. The following chart illustrates how incredibly wrong the president was, but you don’t really need a chart to know that his 2009 budget in fact did not cut the budget in half, in fact it increased it by Trillions.

the blue bars represent what the president projected in his 2009 budget. The red bars represent what actually happened, as well as the projections for 2012 and 2013.

“In 2010 and 2011, the deficits were worse than projected. Not surprisingly, the further the projections, the less accurate they became. For instance, in 2009 the president promised that the deficit for 2012 would be less than $600 billion. In reality, it will be $1.3 trillion,” de Rugy writes.

“In the president’s defense, the same thing can be said about most budget predictions by previous administrations (even though the scale of the mistake is quite large). But this example goes a long way to show that the FY 2013 budget numbers are not to be trusted,” she adds.

sources:theblaze

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