[spence]

Originally Posted by Jim in CT

"You could say the pie on the right is 40% larger or has gotten 40% larger "

Thanks.

"but they're not the same equation"

What does that mean?

It means that by one measurement it's 40% and by the other it's 30%.

"Given that it's the pie on the left which is perhaps the anomaly."

Until this fascist Bolshevik leaves the White House, I agree that the pie on the right is the new norm.

If you were to smooth the curve you'd see the pie on the right is a continuation of the Bush trajectory while the pie on the left is an abnormality.

"who ever said I was in finance?"

I got that impression from someone, was I wrong?

Yes.

Spence, if spending has increased 40% since 2007 (and whether you like it or not, it has), but revenues have increased nearly that much...do you see that as a problem, or are the conservatives crying wolf about a silly little thing like a $16 trillion debt and a $100 trillion shortfall for SS and Medicare?

I think most everyone agrees the debt and healthcare costs are an issue, it's just that there are differing options on how to address it.

Here's the rub, a president Romney would still have the same debt, same deficit and the same Republicans out to protect their spending interests.

-spence