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Is Obama bankrupting the country
#8

It is also quite possible that the annual increases in defense spending during the decade of the 2000s, by most evidence unfunded, may have contributed to the projected shortfalls being blamed on Obama. I believe this might be what the CBO refers to with respect to the 9% average annual growth.

Here is a link to total defense spending during that period.  The little tale at the end I suspect is the end of Iraq. Unless there is a significant actual reduction in defense spending it remains an unfunded cost.

http://research.stlouisfed.org/fred2/graph/?id=FDEFX,

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Messages In This Thread
Is Obama bankrupting the country - by admin - 11-06-2012, 11:45 PM
RE: Is Obama bankrupting the country - by admin - 11-07-2012, 01:30 AM
RE: Is Obama bankrupting the country - by admin - 11-07-2012, 02:07 AM
RE: Is Obama bankrupting the country - by admin - 11-07-2012, 02:33 AM
RE: Is Obama bankrupting the country - by ArtM72 - 11-08-2012, 06:51 AM
RE: Is Obama bankrupting the country - by admin - 11-08-2012, 09:26 AM

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