Monday, August 2, 2010

Daddy, please tell me again how the GOP are deficit hawks?

Seriously, do facts matter anymore? If you think Dudley is out to protect Oregonians, think again. He's GOP, what else do you need to know.

This chart shows deficit spending as a percent of GDP note the trends in the past 30 years. Curously Obama is driving HUGE deficits, you hear that meme all the time from the right. The part that they leave out? $1.2T of the debt generated under Obama was handed to him by Bush, and much of the other deficit spending is the result of several things:

1.) an economy left in ruins by the GOP
2.) wars started under Bush
3.) wall street bank bailouts under the Bush

Nope facts, don't matter, right Chris Dudley?


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