|Source: Center on Budget and Policy Priorities analysis |
based on CBO estimates.
Of course, anyone with even a loose grasp of facts knows why this is bullshit. But, apparently, some people still need help with the facts. So, occasionally, I set people straight. It's especially fun to set wingnuts straight, although it gets old when you point out how wrong they are, and they just disappear, only to come back some other day with more bullshit that shows that they just ignored the actual facts.
Today, I see that Bloomberg has a poll that illustrates this break with reality that Tea Party Republicans have suffered, and continue to suffer, because they believe the BS from the people they elected. They allow the impression being made by the bullshitters to take root in their walled off minds, and they pick and choose the information they need to feed that impression until it festers into a boil that sorely needs to be lanced. If only they weren't so afraid of needles.
Two-thirds of regular Republicans believe the federal budget deficit has grown this year and 93 percent of Tea Party Republicans agree. Both are wrong; the budget deficit is projected to fall this year from $1.1 trillion to $642 billion.That's just this year. Go back a ways, and their delusion gets even stronger. For example, tell them Obama has cut the deficit in half since he took office from GW Bush, and they often become apoplectic, if they don't just leave and avoid the subject. They'll wail about how Obama sent the deficit soaring to such heights that even he could keep it up.
So, the real kicker is when you show them what the money is for. Like any good bullshitter, they'll say I'm a weak, pathetic libtard for blaming Bush. When the truth is, for centuries in this country, those described as weak and pathetic were the ones who knowingly chose to believe fantasy over reality. I'm looking at you, Confederate States of America.
The chart at the top of this post lists the sources of the current deficits that are adding to our debt. It is a stark reminder of the fact that any Republican who claims they are the party of limited government is bullshitting you and will probably ask for a campaign contribution right after doing so. The entire GOP has become a country club of con artists, and their base is the mark.
One last fact to keep in mind on this last graph: When calculating debt as a percent of GDP, it's important to remember that GW Bush's final GDP, in 4Q2008, was negative 9%. When GDP spikes down like that, and emergency spending goes up (job losses were at 800,000 per month when Obama took office and in the three months before the stimulus passed, the economy cut loose 2.2m workers), the debt as a percent of GDP will, of course, go up. To blame that on Obama is the ultimate in bullshit.
|"Private fixed investment as a percentage of potential GDP. |
When it gets back to historical norms, the free lunch
on infrastructure investment will be over."
Neil Irwin, Washington Post