Double Down with Paul Ryan

[midnight]

http://firedoglake.com/


We interrupt this virtual non-reporting of Canada going all post-World War I Great Britain (as predicted) …

Something bizarre happened this weekend, the Washington Post published a story about the Federal Deficit that was accurate. As you can guess, Robert Samuelson was not involved.

…routine increases in defense and domestic spending account for only about 15 percent of the financial deterioration, according to a new analysis of CBO data.

The biggest culprit, by far, has been an erosion of tax revenue triggered largely by two recessions and multiple rounds of tax cuts. Together, the economy and the tax bills enacted under former president George W. Bush, and to a lesser extent by President Obama, wiped out $6.3 trillion in anticipated revenue. That’s nearly half of the $12.7 trillion swing from projected surpluses to real debt.




I wish someone cared about creating revenue for this country instead of creating debt for this country... I guess creating debt is ok as long as the poor can be blamed.

[Hannah Bell]

1. kr. but who cares, we got bin laden!!!!!

[geckosfeet]

2. blah blah bin laden blah blah birthers blah blah bin laden blah blah birthers

blah blah bin laden blah blah birthers blah blah bin laden blah blah birthers blah blah bin laden blah blah birthers blah blah bin laden blah blah birthers blah blah bin laden blah blah birthers blah blah bin laden blah blah birthers blah blah bin laden blah blah birthers blah blah bin laden blah blah birthers blah blah bin laden blah blah birthers blah blah bin laden blah blah birthers blah blah bin laden blah blah birthers blah blah bin laden blah blah birthers blah blah bin laden blah blah birthers blah blah bin laden blah blah birthers blah blah bin laden blah blah birthers blah blah bin laden blah blah birthers blah blah bin laden blah blah birthers blah blah bin laden blah blah birthers blah blah bin laden blah blah birthers blah blah bin laden blah blah birthers

Maybe PBO can sneak in a tax increase on the rich while they are looking the other way...

[kentuck]

3. Democrats should put this on a big old chart....

and show it at every opportunity.

[Possumpoint]

4. That Was

An excellent article in Sunday's Washington Post. I saved it for future reference in presenting rebuttals to Republican Fiscal Insanity.