Talking Deficit, Debt and Job Creation
Friday, June 17, 2011
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.Read more...
