- Posted October 23, 2012 by
ERIN BURNETT and her economics IQ
For her lesson One: When that money was borrowed it became deficit. When Obama reduced deficit , 1 Trillion already included in budget as you agreed. 0.89 Trillion by eliminating tax cut on people making over 250 K and 2.3 trillion extra received by TREASURY by additional 5 million Jobs that were not there in two years, no stimulation and increased business environment.
OK going back to savings from War to be spent on roads and infrastructure, since it was borrowed money it was in deficit, he took care of that by above means and as BOXER told you it was in budget that saved money will stay in budget but used in different things.
We know Erin you are around HARVARD graduates, if you do not understand something come to HARVARD CLUB and ask me or someone, we will make it clear to you and you will not make fool of yourself, unless now TURNER is leaning to his routes of GOP or being approached by them and is asking you to say such things.
Regarding horses and Bayonets, it is right comment, we do not have small ships no more and we do not need them. Ask Navy they will rather have 8 aircraft carriers than 40 small ships. Erin remember Bush had smallest Navy and OBAMA has made it larger and his budget already has more money for next 7 years satisfying NAVY COMMANDER's needs, so do not make fool of yourself, be gracious and accept your mistake and do corrections.