Monday, August 23, 2010

The War and the Deficit

One of the favorite claims of progressives is that the war is responsible for the burgeoning deficit.

However, the facts simply don't support that claim, as is illustrated by this chart from CBO data showing the deficit with and without the war expenditure from 2003 to the present.

Note that the deficit continued to decline until the Democrats took over Congress in 2008 and the skyrocketed when Obama assumed the presidency.

For more information, read this article from the American Thinker.

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