paul ryan was their deficit guy, and that deficit argument, that the deficit was too big, one of their main arguments against re-elected president obama. we have just received the new estimate of what the deficit is going to be by the end of this year. this is what the deficit had been up through last year, so 2009. that s president obama s first year, 2010, 2011, 2012. now show the next year. this is what they had projected the deficit would be by the end of this year. but now that estimate has been revised. they have revised the projected deficit for this year, and as of now, this is what the new deficit we have that slide whistle. we have never used it before. are you kidding me? the opportunity cost. anyway. as of now, this is what the new estimate of what the deficit will be by the end of this year. as you can see, this means that the deficit has shrunk by about $800 billion. since president obama has been in office. this is the fastest deficit
this deficit issue, right? paul ryan was the deficit guy in the deficit argument. the deficit was too big. one of their main arguments against re-electing president obama. we just received the new estimate of what the deficit will be by the end of the year. this is what the deficit had been up through last year, so 2009, that s president obama s first year, 2011, 2012, show the next year. this is what they had projected the deficit would be by the end of this year, but now that estimate has been revised. they have revised the projected deficit for this year and as of now, this is what the new deficit we have that slide whistle and we never used it before, are you kidding me? the opportunity costs. as of now this is the estimate of what the new deficit will be by the end of the year. that means the deficit has shrunk by $800 billion since president obama has been in office. this is the fastest deficit reduction we have had as a
picked paul ryan to be their vice presidential nominee in 2012. they wanted to keep the heat on, on this deficit issue, right? paul ryan was their deficit guy, and that deficit argument, that the deficit was too big, one of their main arguments against re-elected president obama. we have just received the new estimate of what the deficit is going to be by the end of this year. this is what the deficit had been up through last year, so 2009. that s president obama s first year, 2010, 2011, 2012. now show the next year. this is what they had projected the deficit would be by the end of this year. but now that estimate has been revised. they have revised the projected deficit for this year, and as of now, this is what the new deficit we have that slide whistle. we have never used it before. are you kidding me? the opportunity cost. anyway. as of now, this is what the new estimate of what the deficit will be by the end of this year. as you can see, this means that the deficit has shrun
doesn t make sense. to me what you have got to do it protect the economic recovery. you said that ben bernanke said in the authorit short term we o support that. former chair allen greenspan said the deficit and the size of it is the real threat to the economy and a bigger threat than even the short-term benefit that would come to the economy from greenspan is in favor of not letting any of the tax rates stay where they are. he is a deficit guy. he is a deficit guy. he is in favor of letting the tax cuts expire. if you are a growth person you should be for keeping the current tax rates for two years. for two years. there have been two times in the past 25 or 30 years when the deficit began to grow. when we made major progress against the deficit. once was in the middle of the clinton years when the economy was booming. now, it was a dot com bubble
u.s. debt. doesn t make sense. to me what you have got to do it protect the economic recovery. you said that ben bernanke said in the authorit short term we o support that. former chair allen greenspan said the deficit and the size of it is the real threat to the economy and a bigger threat than even the short-term benefit that would come to the economy from greenspan is in favor of not letting any of the tax rates stay where they are. he is a deficit guy. he is a deficit guy. he is in favor of letting the tax cuts expire. if you are a growth person you should be for keeping the current tax rates for two years. for two years. there have been two times in the past 25 or 30 years when the deficit began to grow. when we made major progress against the deficit. once was in the middle of the clinton years when the economy was booming. now, it was a dot com bubble