05-30-2016, 01:12 PM
(05-30-2016, 10:19 AM)Maggot Wrote: President Obama has reduced the National deficit.
Actually, blueberry is right.
For the fiscal year ending Sept. 30, 2015 the shortfall was $439 billion.
That equates to a decrease of 9%, or $44 billion, over fiscal year 2014 and makes it the lowest deficit since 2007 (in both dollar terms and as a percentage of gross domestic product).
There's a lot of false rhetoric to the contrary, and the deficit is still too high, but the deficit is now indeed lower than it was before Obama took office.