Talking Deficit, Debt and Job Creation

When your conservative friends start chatting you up about the big-spending Obama administration and all the debt he has rung up, at the same time waxing poetically about the good old days, during the fiscally responsibly Bush administration, I urge you to whip out laminated versions of the following two charts.  I think they illustrate who is really responsible for the majority of our deficit and debt.

Quick Translation: "Deficit without these factors."  =  Deficit would have been zippo!

And one more graph, just for fun:

Sources:

The Atlantic.

Center on Budget and Policy Priorities.