Tuesday, February 15, 2011

How deep is our debt hole?

Let's start with Duquesne University Prof. Antony Davies for some perspective:



(HT: American Digest)

Next, a relook at my chart from, "The Un-Serious President"; the source data come from the Congressional Budget Office.


Update: Then there is this chart by Doug Ross (click for larger view).


Doug also quotes Andrew Sullivan - Andrew Sullivan, fer goshsakes - thus, referring to the president and his budget: "[H]e has betrayed those of us who took him to be a serious president prepared to put the good of the country before his short term political interests ... ."

Let it be noted that this is the first time since about 2003 that Andrew Sullivan and I have agreed on anything political, that this is an un-serious president.

Or is it that he is serious about the wrong thing? Back in march 2009, Doug wrote that Obama's destruction of the American economy is deliberate. My question for scoffers at that notion is simply this: If the Democrats' wrecking of the American economy was not deliberate, what would they have done differently if they had been deliberate?

Now consider:



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