28 July 2011

What Did We Learn About History Today?

The same tired lesson about Republican hypocrisy. They consistently generate huge deficits all the while blathering on about financial conservatism. Of the $13.3 Trillion in Federal Budget Deficits accumulated since Reagan took office, $9.5 Trillion were run up by Republican Administrations. And an unidentified chunk of the remainder represents Obama's efforts at remedying the depression he inherited from BushCo. Here and here are some nice graphics illustrating the sources of the current deficit difficulty.

Oh yeah, while we are at it, just where is the economic growth that was supposed to be generated by prolonging the BushCo tax cuts to the rich?

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