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Bush v Obama  

By: weco in FFFT | Recommend this post (1)
Thu, 28 Jul 11 4:38 AM | 27 view(s)
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Interesting chart...shows that Bush in 7 years cost us more than Obama is projected to cost us in 8. By a factor of more than 3. Chart is said to reflect changes made during an administration (so Obama doesn't get blame for extending Bush cuts, for example).

http://www.theatlantic.com/politics/archive/2011/07/the-chart-that-should-accompany-all-discussions-of-the-debt-ceiling/242484/

It demonstrates the utter incoherence of being very concerned about a structural federal deficit but ruling out of consideration the policy that was largest single contributor to that deficit, namely the Bush-era tax cuts.

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