This is what I've been searching for forever. A pie-chart detailing exactly what factors have caused the US deficit. This chart is so important because Republicans regularly tout that somehow Obama responsible added to the deficit. It would appear that 90-95% of the budget deficit for the next decade are Bush era events and policies. This chart answers the false allegations and no further description is necessary. If Bush and the Republicans had not been in power, its likely there wouldn't even be a deficit.

President Obama Largely Inherited Today?s Huge Deficits — Center on Budget and Policy Priorities

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Liberals got women the right to vote. Liberals got blacks the right to vote. Liberals created Social Security. Liberals ended segregation. Liberals passed the Civil Rights Act, the Voting Rights Act. Liberals created Medicare. Liberals passed the Clean Air Act, the Clean Water Act. What did Conservatives do? They opposed them on every one of those things. They opposed health care reform but failed. Keep up the good work guys.

That is not a pie chart son.

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January 21, 2013: The End of an ERROR.

"Only a virtuous people are capable of freedom. As nations become more corrupt and vicious, they have more need of masters."
"When the people find that they can vote themselves money, that will herald the end of the republic."
"The Constitution only gives people the right to pursue happiness. You have to catch it yourself."
---Benjamin Franklin

I don't wanna' shit in your Wheaties, Danny, but that's not a pie chart.

Pie charts are round.

You know... like a pie...

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Science flies you to the moon. Religion flies you into buildings...

1. That's not a pie chart.

2. That chart does not show the Bush Era events being 90-95% of anything.

Cute Danny... shame that the 'Bush era tax cuts' expire at the end of the year.

Also their effect shown here is complete bullshit. Static modeling never works...

But you know that, right?

Furthermore the money that was not taken due to the Bush tax cuts is not your money. Stop pretending you have the right to spend it.

__________________
January 21, 2013: The End of an ERROR.

"Only a virtuous people are capable of freedom. As nations become more corrupt and vicious, they have more need of masters."
"When the people find that they can vote themselves money, that will herald the end of the republic."
"The Constitution only gives people the right to pursue happiness. You have to catch it yourself."
---Benjamin Franklin

See son, this here is a pie chart.

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January 21, 2013: The End of an ERROR.

"Only a virtuous people are capable of freedom. As nations become more corrupt and vicious, they have more need of masters."
"When the people find that they can vote themselves money, that will herald the end of the republic."
"The Constitution only gives people the right to pursue happiness. You have to catch it yourself."
---Benjamin Franklin

*laughs heartily*

mateys, mateys, mateys...

if the big rebuttal to the besieged Danny be that he misnamed a graph a pie chart, so be it. imma sure he'd concede that point.

now...regardin' the report;

*nod nod*

- MeadHallPirate

The Bush Era Tax Cut costs shown in that chart after fiscal 2011 are a work of fiction:

If somebody can't understand the intricacies of a fucking pie-chart, it's doubtful that person can understand anything more complex...

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Science flies you to the moon. Religion flies you into buildings...

Of course the underlying assumption in the projections is that another war, economic downturn, tax cut, spending increase, oil price hike or another economic shock does not occur.

Projections and budgets are like weather forecasts, the nearer they are and the simpler the circumstances the better the forecast, long range and complex systems only produce forecasts as good as the model and underlying assumptions.

Forecasting the weather for one location this afternoon is easy, forecasting the weather for an entire region of a country next week is another thing entirely.

Same with budget forecasts, tomorrow for your household is easy, several years from now for an economy as complex as the US is another thing entirely.

These are little more than educated guesses and the underlying assumptions need to be clearly stated and understood before the numbers have any meaning.

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I always find it strange that only reasonable people agree with me.

That chart was also made last December and does not account at all for Obama's spending during 2009 (his programs) or his new budget and the NEW budget deficit projections.

From the link posted by Danny:

"Technical Note

Baseline projections depict the likely path of the federal budget if current policies remain unchanged. We base our estimates on CBO’s latest ten-year projections, published in August 2009, with several adjustments to reflect what will happen if we continue current tax and spending policies.

Specifically, our baseline assumes that Congress will continue the 2001 and 2003 tax cuts that are scheduled to expire after 2010; that it will renew certain other so-called “tax extenders” such as the research and development tax credit; and that it will continue relief from the Alternative Minimum Tax (AMT). Our baseline also assumes that Congress will continue to defer scheduled cuts in payments for Medicare providers, as it routinely has in recent years, and instead provide doctors with a payment increase based on the Medicare Economic Index. We also account for a gradual phase-down of operations in Iraq and Afghanistan and unanticipated natural disasters. We detailed all of those adjustments in a September 2009 CBPP report. [8] Finally, we have adjusted those numbers to put outlays associated with Fannie Mae and Freddie Mac on a cash basis — as reported in the Monthly Treasury Statement (MTS), although CBO prefers a different budgetary treatment — and to incorporate the actual 2009 deficit published in the MTS."

Ok so its not a pie chart...my bad. The fact remains that Obama's policies (Stimulus) had added the thinest line thats almost invisible to the deficit over the next 10 years.

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Liberals got women the right to vote. Liberals got blacks the right to vote. Liberals created Social Security. Liberals ended segregation. Liberals passed the Civil Rights Act, the Voting Rights Act. Liberals created Medicare. Liberals passed the Clean Air Act, the Clean Water Act. What did Conservatives do? They opposed them on every one of those things. They opposed health care reform but failed. Keep up the good work guys.

Only a true partisan lemming can look at the state of the US economy and claim it is entirely the fault of one party or administration.

We've been spending more than we brought it for several decades, under both Republican and Democratic administrations and congresses. All this finger pointing is just political theater to keep the easily distracted playing the "my team is better" game instead of looking at the alarming state of the economy in an objective fashion.

Matt

But Danny, the current president can control all war related spending by bringing the troops home. The Bush tax cuts are going to expire unless the congress and the great O want them to keep on going, making them Obama era tax cuts. All spending since April 09 is also not on the chart.