Run time: 01:47
https://www.youtube.com/watch?v=0WzooeYU2_0
Posted on YouTube: September 24, 2010
By YouTube Member: jonhulburd
Views on YouTube: 2569
Posted on DU: September 27, 2010
By DU Member: babylonsister
Views on DU: 440 |
What a doofus.
http://thinkprogress.org/2010/09/27/quayle-campaign-video-budget/Quayle Says Americans ‘Must Understand’ Size Of Federal Budget, But Doesn’t Understand It Himself snip//
The problem with Quayle’s video is that
it appears that even Quayle himself doesn’t “understand the numbers” he describes. The last budget signed into law by President Obama laid out a $3.5 trillion budget for the federal government — nowhere near the $14.5 trillion Quayle claims is being spent. Current US GDP hovers slightly above $14.6 trillion, meaning that, for the government to be spending 44 percent of GDP, it would have to spend $6.4 trillion, almost double what it is actually spending. Perhaps Quayle thinks the US GDP is $32.9 trillion, which is what it would have to be for federal government spending to account for $14.5 trillion in spending a year and 44 percent of GDP.
Whatever Quayle thinks, he likely realized that this video ominously warning about the dangers of government spending was problematic, because he pulled “the ad after about an hour” of being on YouTube.