United States Budget Deficit Accountability

The budget deficit is growing every day. http://www.brillig.com/debt_clock/

17 Trillion 229 Billion Dollars

$54,309.99 Per Person

Prior to Obama in Office

10 Trillion 626 Billion Dollars
Approximately $34,000 Per Person

A quote from Obama, “We don’t have an urgent deficit crisis.” Well Mr. Obama, I beg to differ.

“As the economy has improved, the deficit is going down.”

“It has now dropped at the fastest rate in 60 years. I want to repeat that because a lot of people think – if you ask the average person what’s happening with the deficit, they’d tell you it’s going up. The deficit has been cut in half since 2009 and is on a downward trajectory and it’s going down faster than at any time since World War II.”

I find it shocking how the President attempts to hide the true state of his budget. Yes, what he says is true, the deficit is going down! But, little does he mention it is only going down as a matter of annual deficit, not total deficit. Of course the deficit is going down; we just ramped up spending to cope with one of the largest financial crises in United States history. Let’s look at the numbers.

FY 2013: $680 billion
FY 2012: $1,087 billion
FY 2011: $1,300 billion
FY 2010: $1,294 billion

Obama’s First Year in Office:FY 2009: $1,413 billion

FY 2008: $458 billion
FY 2007: $161 billion
FY 2006: $248 billion
FY 2005: $318 billion

FY 2004: $413 billion

FY 2003: $378 billion

FY 2002: $158 billion

FY 2001: $-128 billion

I understand what Mr. Obama is trying to do. He is trying to sweep the budget deficit under the rug so that he can work on his agenda of infrastructure improvement, education, and healthcare, but that is not the way to do it. Deceit should not replace transparency to get the job done. I would like some accountability from our government before any trust can ever be gained by them and before the real improvement will ever take place in this country.

Once again, I would like some input from my readers on this matter.

–Averell Luedecker