Friday, February 26, 2016

Obama's Massive Deficits

I can't understand the gloom and doom message the Republican party (aside from Kasich) has been serving up. One grumpy old dude (Limbaugh) and one unstable drama queen (Beck) seem to have hypnotized half the nation into seeing everything upside-down.

Andrew Tobias responded to Mitch McConnell’s statement that “By any standard, Barack Obama has been a disaster for out country” thus:
The economic ship has been righted, the deficit slashed by two-thirds,[Once again shrinking relative to the economy as a whole] the ground wars ended, the gas price halved, the American Ebola death toll — that so dominated the weeks leading up to the mid-terms when we should have been talking about Republican refusal to raise the minimum wage, pass comprehensive immigration reform, and revitalize our crumbling infrastructure — zero . . . and, oh, yeah, LGBT got equal rights [Well, except for employment, housing, credit and such, which the Republicans block] and 320 million Americans can no longer be denied health insurance because of a preexisting condition and relations have been opened with Cuba, China has agreed to work to combat climate change, and the Iranians are dismantling their most advanced centrifuges and disposing of 98% of their enriched uranium.
But Tobias is an official of the DNC. Perhaps he's just spinning it. Lord knows we certainly have problems (Bernie's not just riffing; income inequality's a problem, though if billionaires have power to rig elections, it's impossible to explain recent election results, or anything that's happened this year....Jeb Bush's $135 million, cough cough cough).

The Republican candidates have all been ranting about the huge deficits accrued under Obama. If that rings at all true for you, it's strictly from repetition ala Goebbels. So let me torpedo directly through the very heart of the bullshit. Have a look at this simple graph (stolen from this site), and feel the soothing, refreshing breeze of reality-based information:



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