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Dow Closes At Highest Since '08

Debating with the enemy


 
 
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Old 02-06-2012, 10:48 AM   #17
GMScud
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Re: Dow Closes At Highest Since '08

Quote:
Originally Posted by SirClintonPortis View Post
FYI, the deficit and the debt are two distinct, separate concepts. The deficit refers the total amount spent minus the total amount taken in for a single fiscal year. The debt refers to the total amount of dough the government owes, from all previous years. The debt can be thought of as accumulated deficits.
FYI, I'm fully aware of the difference between debt/deficit. Bragging about lowering the deficit $200B last year seems pretty shortsighted in light of the fact that he's raised the debt by over 5 TRILLION during his presidency. Regardless, to the point of this thread, I'm glad the markets are performing well.

This isn't directed at you, but a point I'd like to reiterate: My criticism of the Obama administration should not be wrongly interpreted as an endorsement of the right wing.

Basically at this point I'm a less abrasive version of NCSkins when it comes to American politics. I'm not really feeling either side.
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Last edited by GMScud; 02-06-2012 at 11:02 AM.
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