See the figure for federal budget deficit from 1961 to 2007. (http://www.uuforum.org/Images/deficit.gif)
Tuesday, February 12, 2008
Federal budget deficit (1961-2007)
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State and local fiscal issues, nonprofit financial management, transportation finance; GIS, statistics, LaTeX... and anything else I care to research. I use this blog to keep research notes, to collect teaching cases, to exchanges ideas, or to self-archive.
See the figure for federal budget deficit from 1961 to 2007. (http://www.uuforum.org/Images/deficit.gif)
2 comments:
Call me ignorant, but shouldn't democrats be the ones in the deficits because they like spending tax payers' money, even into deficits? Aren't Republicans supposed to be fiscally responsible? Am I missing something?
No. The true difference is -- Democrats like to spend more with higher tax amount, while Republicans like to spend more with tax cut.
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