President Obama's administration has been blamed for reckless spending that has put America into its debt hole. But in reality, much of that spending emanates from policies of President Bush, according to the Center on Budget and Policy Priorities.
They argue that Iraq, Afghanistan, and the Bush tax cuts (along with the economic downturn) are what is driving the U.S. deficit, not stimulus spending.
The chart presents the ugly truth.
H/T to Delong
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3 comments:
Well gosh darn it, here you go with those liberal FACTS and FIGURES again! But good conservatives don't need your liberal "facts" because we have faith, faith I say, in our Lord and Savior Rush Limpdick and his Holy word! Die in the flames of Yuma Arizona, unbeliever!
- Badtux the Snarky Penguin
Yes - this is the well known fact that reality has a liberal bias.
Cheers!
JzB
But don't worry, we all know what the solution is -- austerity. For other people, of course, not for *us*.
- Badtux the Snarky Penguin
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