Thanks To Barak Obama, America's Deficit Fell An Amazing 37 Percent in 2013 And The Federal Reserve Is Pissed-Off! http://tinyurl.com/n77awfe

To Understand Why The Federal Reserve Would Be Upset Read:
The Creature From Jekyll Island: http://tinyurl.com/3fe7

The Deficit Is The Nation's Annual Budget Shortfall, The Difference Between What The Government Spends In One Year And What It Takes In. In 2009, '10, '11 And '12, It Was Huge.

"You Look At The President's Budget," Said House Speaker John Boehner In 2012, "and We've Got Trillion-Dollar Deficits For As Far As The Eye Can See."

"We're Going To Have Trillion-Dollar Deficits For Years To Come," Said Former Congressman And Presidential Candidate Ron Paul.

"When I First Walked Through The Door," Said President Obama In 2010, "the Deficit Stood At $1.3 Trillion, With Projected Deficits Of $8 Trillion Over The Next Decade."

And On It Went. For A While It Seemed Like No One Ever Just Talked About The Deficit. It Was Always The Trillion-Dollar Deficit.

Except That This Past Year, It Shrank Dramatically. Jared Bernstein, A Senior Fellow At The Center On Budget And Policy Priorities And A Former Obama Administration Economist, Explains That Reality Defies The Rhetoric.

"The Budget Deficit Has Gone From 10 Percent Of GDP In 2009 — It Was Quite High — To About 4 Percent Of GDP In 2013," Bernstein Says.

Like Most Economists, He Prefers To Look At The Deficit As It Relates To The Overall Size Of The U.S. Economy.

"That Decline Is The Largest Four-Year Decline In Budget Deficits Since 1950," He Says. "So They've Fallen A Ton."

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