Adam Serwer at the Plum Line notes that liberals are thrilled that President Obama continues to remind everyone how the nation came to find itself in a deep financial hole. He’s been doing this since his debt speech last week, which was the first time in a while. What’s different this time is that he says “we” (read Washington) are to blame instead of the previous administration.
What hasn’t changed is the makeup of this deep financial hole. Obama rhetorically laid it out in his George Washington University speech last week and on Facebook yesterday. But here’s what it looks like graphically.
I’ve given you this ammo before. It comes from a June 2010 report from the Center on Budget and Policy Priorities. My Post colleague Ezra Klein reprised the chart on Tuesday. And because memories are short these days, it’ll never ever get old.
Thursday, April 21, 2011
"A graphic reminder of U.S. deficits"
Jonathan Capehart, op-ed (WaPo):