US Treasury modelling 2001 – 2012

Below is a fascinating chart that comes right from the US Treasury. Below we can see the changes in deficit projections since January 2001. Prior to the Bush Administrations policies (including war in Iraq and Afghanistan) the US was projected to be on it’s way to a healthy budget surplus. The change from this projection to the current situation, as seen below, is dramatically different. 



About Ed.

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