Real reasons for the deficit

by ishambat | July 27, 2011 at 04:07 pm
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Real reasons for the deficit | Photo 02

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Critics of President Obama never tire of blaming him for today's high deficits. But if blame belongs with one president, it belongs with Obama's predecessor, George W. Bush. The chart above, which the New York Times created based upon figures from the Center on Budget and Policy Priorities, illustrates this point very clearly. But it's worth reviewing the history here, because while it's familiar to most of us who follow politics it doesn't seem to get a lot of attention in the political debate.

http://readersupportednews.org/off-site-opinion-section/83-83/6767-the-bush-deficit

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