Sullivan Cries Foul
“That damn CBO chart again!“, Sully seems to scream as he attempts to spin the unspinnable reality of Obamanomics.
I displayed the chart myself for the first time here, a mere two days ago. But then noted how Brit weekly The Economist – which endorsed Obama in 2008 and Kerry in 2004 – perceived the looming problem of excessive debt as largely of Obama’s own making, no chart required.
Yes. We can all agree Bush incurred a huge deficit. But let’s be grown ups and admit that Obama is not going to fix it under his current plans. On the contrary: he’s going to add significantly to the problem.
In other words, if the Bush debt is so bad, why won’t Obama make it better? His ambitious plans could easily be legislated into reality if he increased government revenues first. But Obama knows his window of opportunity to effect “Change” closes shut a little bit more with every day that goes by. And he either doesn’t know or doesn’t care about how much harm the Change causes in the process.
UPDATE: Related content at The Other McCain.
