Three reality based charts you can use to shut that Right Winger in your family up for good. Assuming of course that they understand charts.

Courtesy of The Smirking Chimp:

Notes, this chart includes Clinton's last budget year for comparison. 

People who claim that Obama "tripled the deficit" are either misled or are trying to mislead.

And finally a chart that many of us may seen once or twice before in the past, but on that still remains quite relevant and informative.

Yes I know that for most of these ignorant knuckle-draggers, even making the numbers in the form of a pretty picture will not convince them that all of the country's ills are not solely the responsibility of the Islamic Socialist anti-white racist currently living in the White House.

But hey at least you can give it a shot. I mean somebody has to start somewhere, don't they?

Look out Alaskans! The Russians are coming, the Russians are coming!

Courtesy of the Daily Mail:

Russia has given the thumbs up to a £60billion project which would see a 65-mile tunnel dug under the Bering Strait, connecting Asia with North America. 

If plans go ahead, the journey from London to New York could take a mere three weeks, covering three continents along the way. 

The proposed tunnel would pass underneath the Big Diomede and Little Diomede islands and straddle the international dateline to link East and West.Engineers have said there is no technical reason the tunnel could not be completed and it could provide a cheaper way of shipping freight around the world. 

Okay speaking as somebody who has NEVER visited Europe, and hates to fly, I am all over this idea.

Even though taking a train under the ice of the Bering Straight on the way to Russia, sounds like the paper thin plot of a low budget disaster movie, I would LOVE to be one the first people to travel this way.

And IF it actually comes to fruition, it could be huge boost to the economy of Alaska. Just saying.

Of course once the Republicans find out about this tunnel they will probably demand that we build a fence to keep the "Russkies" from coming into our country and taking jobs away from Americans.

Or perhaps they will just hire Sarah Palin to "shoo them" back through the tunnel if they dare to "rear their heads" on our side of the Bering Straight.

She just ruins EVERYTHING!

Rachel Maddow points out that the downgrading of the US credit score by S&P means little, but that the blame for any harm it might cause rests solely with the Republicans.

Visit msnbc.com for breaking news, world news, and news about the economy

I believe this is the same point that I have been attempting to drive home over and over this weekend.I appreciate Rachel Maddow's gift for breaking a complicated issue down and making it much more digestible for the public at large.

Just a reminder as to how we got here.

Courtesy of the Political Animal:

1980: Ronald Reagan runs for president, promising a balanced budget

1981 - 1989: With support from congressional Republicans, Reagan runs enormous deficits, adds $2 trillion to the debt.

1993: Bill Clinton passes economic plan that lowers deficit, gets zero votes from congressional Republicans.

1998: U.S. deficit disappears for the first time in three decades. Debt clock is unplugged.

2000: George W. Bush runs for president, promising to maintain a balanced budget.

2001: CBO shows the United States is on track to pay off the entirety of its national debt within a decade.

2001 - 2009: With support from congressional Republicans, Bush runs enormous deficits, adds nearly $5 trillion to the debt.

2002: Dick Cheney declares, “Deficits don’t matter.” Congressional Republicans agree, approving tax cuts, two wars, and Medicare expansion without even trying to pay for them.

2009: Barack Obama inherits $1.3 trillion deficit from Bush; Republicans immediately condemn Obama’s fiscal irresponsibility.

2009: Congressional Democrats unveil several domestic policy initiatives — including health care reform, cap and trade, DREAM Act — which would lower the deficit. GOP opposes all of them, while continuing to push for deficit reduction.

September 2010: In Obama’s first fiscal year, the deficit shrinks by $122 billion. Republicans again condemn Obama’s fiscal irresponsibility.

October 2010: S&P endorses the nation’s AAA rating with a stable outlook, saying the United States looks to be in solid fiscal shape for the foreseeable future.

November 2010: Republicans win a U.S. House majority, citing the need for fiscal responsibility.
December 2010: Congressional Republicans demand extension of Bush tax cuts, relying entirely on deficit financing. GOP continues to accuse Obama of fiscal irresponsibility.

March 2011: Congressional Republicans declare intention to hold full faith and credit of the United States hostage — a move without precedent in American history — until massive debt-reduction plan is approved.

July 2011: Obama offers Republicans a $4 trillion debt-reduction deal. GOP refuses, pushes debt-ceiling standoff until the last possible day, rattling international markets.

August 2011: S&P downgrades U.S. debt, citing GOP refusal to consider new revenues. Republicans rejoice and blame Obama for fiscal irresponsibility.

Any questions?

The True Villian of the Economic Meltdown.

Courtesy of The Daily Beast:

But Obama is not the villain in this story. Every time I step back and ponder this sordid history, I am amazed that the Republican Party has any credibility and even 100 members of Congress, let alone a sizable House majority and enough juice to be driving the nation’s agenda as it is.

The Boston Globe ran a chart last Sunday that I’d buy billboard space to reproduce in every decent-size city in America, if I were running the Democratic National Committee. 

 (Here's the chart  to save your the trouble of searching for it.)

The premise of it was very simple: It showed how many trillions each president since Ronald Reagan has added to the nation’s debt. The debt was about $1 trillion when Reagan took office, and then: Reagan, $1.9 trillion; George H.W. Bush, $1.5 trillion (in just four years); Bill Clinton, $1.4 trillion; Obama, $2.4 trillion.

Oh, wait. I skipped someone. George W. Bush ran up $6.4 trillion. That’s nearly half—44.7 percent—of the $14.3 trillion total. We all know what did it—two massive tax cuts geared toward the rich (along with other similar measures, like slashing the capital gains and inheritance taxes), the off-the-books wars, the unfunded Medicare expansion, and so on. But the number is staggering and worth dwelling on. In a history covering 30 years, nearly half the debt was run up in eight. Even the allegedly socialist Obama at his most allegedly wanton doesn’t compare to Dubya; and Obama’s debt numbers, if he’s reelected, will surely not double or even come close as we gambol down Austerity Lane.

The GOP and the Teabaggers are going to use every one of their pet media outlets, from Fox News to Right Wing radio, to try and hang this debt crisis, and the lowering of our debt rating, on President Obama.

It is up to all of us, and what remains of the so called "liberal media," to continue pointing out who is REALLY responsible for this disaster.

And those responsible are the Republicans who increased the debt by 6.4 trillion dollars between 2000 and 2008, the Right Wing media that provided cover for them while they were doing it, and the Teabaggers who are now determined to fight this President every step of the way so that he cannot repair the damage, in the hopes that they can blame him for the whole mess in 2012 and put another GOP asshole in the White House to finish the job of bankrupting this nation once and for all.

(H/T to the Obama Diary.)

A graph that every Teabagger needs to see.

Courtesy of Ezra Klein:

What’s also important, but not evident, on this chart is that Obama’s major expenses were temporary — the stimulus is over now — while Bush’s were, effectively, recurring. The Bush tax cuts didn’t just lower revenue for 10 years. It’s clear now that they lowered it indefinitely, which means this chart is understating their true cost. Similarly, the Medicare drug benefit is costing money on perpetuity, not just for two or three years. And Boehner, Ryan and others voted for these laws and, in some cases, helped to craft and pass them.

To relate this specifically to the debt-ceiling debate, we’re not raising the debt ceiling because of the new policies passed in the past two years. We’re raising the debt ceiling because of the accumulated effect of policies passed in recent decades, many of them under Republicans. It’s convenient for whichever side isn’t in power, or wasn’t recently in power, to blame the debt ceiling on the other party. But it isn’t true.

This is the main reason I have NEVER taken the Teabaggers seriously because they are so clearly resistant to recognizing that the tremendous economic problems facing our country have virtually NOTHING to do with President Obama and EVERYTHING to do with George W. Bush, the fake president who came before him.

Let's face it, if the Teabaggers were serious about "taking their country back," they would have been Democrats or even true Independents, not obviously transparent covert Republicans.

Oh, and they NEVER would have been ignorant enough to call themselves the "Tea Party" either.

Math hates Rick Santorum.

The other day GOP Presidential candidate, and mathematical wizard, Rick Santorum had the following back and forth with CNN's Ali Velshi:

SANTORUM: [Obama] passed a huge stimulus package that now we know, over the past two quarters, has actually cost American jobs, and that’s from the report of his own administration. They claimed in December that, uh, by the end of last year that they created 280 million jobs, and now they’re saying that they created only 240 million jobs. So look, in this, you’re talking about huge increases in spending.

ALI VELSHI: Senator, I’m going to ask you to restate that, I’ve never heard that in my life. Tell me again, what you just said.

SANTORUM: If you look at the report that came out on Friday, the President’s own economic advisers said that the jobs stimulus package actually created fewer jobs over the period of time, since the uh, since the stimulus package went in place than it did when they reported back in December. In other words, there’s 30 million less jobs as a result of the stimulus package.

VELSHI: That’s not a loss of jobs, Senator, that’s a smaller aggregation of jobs. You can’t go on a campaign, a national campaign with this kind of math Senator. It’s just incorrect…I know you’ve got a lot of interviews to do. You might want to check that math.

Here is the video of the exchange.



As ridiculous as Santorum appears during this argument with Velshi, Think Progress points out that Santorum just gave the Obama administration credit for completely solving the jobs crisis and is too ignorant to realize it.

Velshi is absolutely correct that Santorum needs to check his math, but he missed the huge problem with Santorum’s numbers. The entire American civilian labor force is about 153 million people. There are currently 13.9 million people unemployed. If the Obama administration had created 240 to 280 million jobs, the unemployment crisis would have been solved several times over, and America would have so many jobs that it would need to start employing workers from all over the world just to fill all the available positions.

So either Barack Obama is the greatest President in American history, and can solve economic problems with a wave of his hand, or Rick Santorum is an under educated douchebag.

Sadly it appears the latter is more likely.

(Though to be fair, if we give him a second term in office Obama just might prove to be the former as well. I still have hope.)