{"id":742,"date":"2009-09-22T15:42:33","date_gmt":"2009-09-22T19:42:33","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=742"},"modified":"2009-09-22T15:51:15","modified_gmt":"2009-09-22T19:51:15","slug":"congressional-budget-office-graphs-obama-deficit","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/742\/congressional-budget-office-graphs-obama-deficit\/","title":{"rendered":"Congressional Budget Office Graphs Obama Deficit"},"content":{"rendered":"<p>The Congressional Budget Office (CBO) has done Americans a big favor by posting a <a href=\"http:\/\/cbo.gov\/\" target=\"_blank\">crystal-clear graph<\/a> illustrating the dramatic impact of Obama&#8217;s deficit on the nation&#8217;s economy.\u00a0 What immediately stands out is that the nation&#8217;s budget deficit as a percentage of gross domestic product (GDP) during the past 45 years has essentially remained in the +\/- 5% range.\u00a0 Although politicians from both parties and political pundits from all perspectives have famously used the federal budget deficit as a bludgeon during that 45-year period, the CBO&#8217;s graph shows that it&#8217;s fluctuations have actually remained fairly moderate.\u00a0 Those Bush deficits for which he was justifiably criticized?\u00a0 They actually remained within post-World War II averages, and were headed on an improving trajectory.\u00a0 In contrast, Obama&#8217;s deficit trajectory shows an new, alarming, dramatic deterioration.<\/p>\n<p>Obama ran on a slogan of &#8220;change,&#8221; but who suspected that this is what he would deliver so soon?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Congressional Budget Office (CBO) has done Americans a big favor by posting a crystal-clear graph illustrating the dramatic impact of Obama&#8217;s deficit on the nation&#8217;s economy.\u00a0 What immediately stands out is that the nation&#8217;s budget deficit as a percentage of gross domestic product (GDP) during the past 45 years has essentially remained in the [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[59,24],"class_list":["post-742","post","type-post","status-publish","format-standard","hentry","category-posts","tag-deficit","tag-obama"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/742","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=742"}],"version-history":[{"count":3,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/742\/revisions"}],"predecessor-version":[{"id":746,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/742\/revisions\/746"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}