Monday, February 22, 2010

In case you were wondering...

...about the federal budget deficit's underlying causes, here's a handy graph from the Center on Budget and Policy Priorities:

The Center summarizes the graph thusly: "[T]he tax cuts enacted under President George W. Bush, the wars in Afghanistan and Iraq, and the economic downturn together explain virtually the entire deficit over the next ten years."

So if/when you come to me complaining about how Obama is bankrupting the U.S., take it somewhere else. I don't want to hear it.

DCr

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