What’s also important, but not evident, on this chart is that Obama’s major expenses were temporary — the stimulus is over now — while Bush’s were, effectively, recurring. The Bush tax cuts didn’t just lower revenue for 10 years. It’s clear now that they lowered it indefinitely, which means this chart is understating their true cost.Click for the visual of it. Obama’s and Bush’s effects on the deficit in one graph
The life of Joseph P. Mathews from his senior year of college forward, as he attempts to follow a vulnerable child, a non-violent teacher, a crucified troublemaker from an occupied land.
Tuesday, July 26, 2011
Obama’s and Bush’s effects on the deficit in one graph - Ezra Klein - The Washington Post
Ezra Klein analyzes
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