Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

AP implies Obama created the first Trillion dollar deficit

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
Home » Discuss » Topic Forums » Media Donate to DU
 
progree Donating Member (129 posts) Send PM | Profile | Ignore Sun Feb-20-11 10:49 PM
Original message
AP implies Obama created the first Trillion dollar deficit
Here's my email to apfeedback@ap.org protesting their
misleading article:

Subject: George W. Bush was first to run a $1 Trillion-plus
deficit, not Obama as you imply

I was disappointed to read the following misleading sentence
in your article: "Obama unveils $3.73 trillion
budget", AP, February 14, 2011:

/------------------------------------
"The president's 2012 budget projects that the deficits
will total $7.21 trillion over the next decade with the
imbalances never falling lower below $607 billion, a figure
that would still exceed the previous deficit record before
Obama took office of $458.6 billion in 2008, President George
W. Bush's last year in office."
\---------------------------------

This, and the rest of the article paints the picture that
Obama is the first president to create an over $1 Trillion
deficit.    

However, back before Obama took office, the CBO projected a
$1.2 Trillion deficit for the fiscal year 2009, according to
an AP story dated January 7, 2009.  (Obama took office at noon
on January 20, 2009, 13 days later).  The huge deficit
projection was a result of the financial crash of 2008 and the
Bush administration's massive stimulus in late 2008.  In the
deficit forecast, the CBO did not include any of
president-elect Obama's proposed stimulus spending, according
to the AP story.

I hope you will provide this context the next time you compare
the deficit history of Bush and Obama.

Thank you,
Refresh | +1 Recommendations Printer Friendly | Permalink | Reply | Top
wtmusic Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-20-11 10:58 PM
Response to Original message
1. Do you have links to the articles?
Thanks.
Printer Friendly | Permalink | Reply | Top
 
progree Donating Member (129 posts) Send PM | Profile | Ignore Sun Feb-20-11 11:19 PM
Response to Original message
2. Here's the link.
Printer Friendly | Permalink | Reply | Top
 
wtmusic Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-20-11 11:37 PM
Response to Reply #2
3. Thanks, and good catch. nt
Printer Friendly | Permalink | Reply | Top
 
progree Donating Member (129 posts) Send PM | Profile | Ignore Mon Feb-21-11 10:53 AM
Response to Reply #2
5. Here's both links

CBO sees record $1.2 trillion '09 deficit, AP, January 7, 2009 ((13 days before Obama takes office))
http://www.msnbc.msn.com/id/28539403/ns/business-stocks_and_economy/

Obama unveils $3.73 trillion budget", AP, February 14, 2011
http://news.yahoo.com/s/ap/20110214/ap_on_re_us/us_obama_budget


Printer Friendly | Permalink | Reply | Top
 
Historic NY Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-20-11 11:58 PM
Response to Original message
4. AP deliberately write some deceiving headlines the Murdoch trash...
cut & paste into their papers.
Printer Friendly | Permalink | Reply | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Sun Dec 22nd 2024, 05:30 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Topic Forums » Media Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC