Why We Owe What We Owe

Ezra Klein of the Washington Post discusses the national debt and why it’s wrong to blame Obama:

“If there’d been no Bush tax cuts, no wars, no financial crisis and everything else had been the same? Debt would be between 20 and 30 percent of GDP today, rather than almost 100 percent.”

Debt-graph-CBPP

http://www.washingtonpost.com/blogs/ezra-klein/wp/2012/08/28/republican-national-convention-the-one-graph-you-need-to-see-before-watching/

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