[FairfieldLife] Re: 20+ trillion debt when Obama leaves office!

[Richard J. Williams]

wgm4u:
> 20+ trillion debt when Obama leaves office!
> Ah, no big deal! And jeepers, what a great legacy 
> he will leave behind. (How sad for America, and the 
> world.)
>
According to Reynolds the deficit WAS being paid down 
in both 2005 and 2006, before the Pelosi congress came 
in, in 2007).
 
Reynolds: "Because unemployment was low, people were 
working and that meant tax revenues were approaching 
record heights, and the deficit was being paid down."
 
This is confirmed by none other than the 'paper of 
record. Go figure.  
 
2005: Sharp Rise in Tax Revenue to Pare U.S. Deficit.
2006: Surprising Jump in Tax Revenues Is Curbing Deficit.
 
'The Anchoress'
Posted by Glenn Reynolds:
http://pjmedia.com/instapundit/160863/