Legislation, Presidential & Congressional Politics/Obama and deficit

Advertisement


Question
Some people think Obama has increased the deficit. On the politifact site they claim he has actually reduced it slightly. Has Obama reduced the deficit or increased it?

Answer
The DEFICIT is less than when Obama took office - remember, that year the economy was in total collapse, and Congress adobpted the $800 billion + stimulus package without raising taxes or covering other expenditures. Whether the credit for this goes to Obama or Congress is open to debate, of course.

On the other hand, the NATIONAL DEBT has increased. Remember, even a very small deficit increases the debt - the only way to shrink the national debt is to have a surplus. People often confuse the two, which is probably what is happening here.

Legislation, Presidential & Congressional Politics

All Answers


Answers by Expert:


Ask Experts

Volunteer


John C. Berg

Expertise

How Congress works, how to influence Congress, how Congress can be improved, how state legislatures work, how to influence state legislatures, how the Massachusetts legislature works, how to influence the Massachusetts legislature, why the presidential debates are unfair, how to improve the presidential debates, why the US electoral system is unfair, how to improve the US electoral system, how to end the two-party monopoly

Experience

Political activist for 40 years, currently working on the Ralph Nader presidential campaign. Professor of political science for 26 years.

Organizations
American Association of Political Consultants, American Political Science Association, International Political Science Association, Caucus for a New Political Science, International Political Science Association, National Society for Experiential Education

Publications
Polity, Policy Studies Journal, Journal of Politics, Legislative Studies Journal, author of Unequal Struggle: Class, Gender, Race, and Power in the US Congress (Westview Press, 1994).

Education/Credentials
PhD Harvard University 1975
MA Harvard University 1973
BA with Honors University of Wisconsin 1964

©2016 About.com. All rights reserved.