Keep in mind, in the Obama era, the deficit has shrunk by $1 trillion. That’s “trillion,” with a “t.” As a percentage of the economy, the deficit is now down to just 2.5%, which is below the average of the past half-century, and down from 9.8% when the president took office.
Those are the facts, however thanks to the constant barrage of Right Wing propaganda hardly anybody knows it:
The vast majority of Americans are absolutely certain – thanks to deceptive Republican rhetoric and unfortunate news coverage – that the deficit has soared in the Obama era. Late last year, a Bloomberg Politics Poll found that 73% of the public believes the deficit has gotten bigger over the last six years.
Just the other day I heard some conservative claim that under Obama the deficit had grown another trillion dollars. I knew that was wrong, so when I saw this article on The Maddow Blog I felt is really needed to be shared with as many people as possible.
I feel it is my job as a liberal to filter through the conservative BS, find the nuggets of actual truth, and then make sure that people see and understand them.
Sometimes I really hate my job.