America’s Sea of Red Ink Was Years in the Making ... " About 7 percent comes from the stimulus bill that Mr. Obama signed in February. And only 3 percent comes from Mr. Obama’s agenda on health care, education, energy and other areas."
Hey wingnuts, (and you, chickenshit) how do you like these facts? Ninety-percent of our deficit is because of your Boy George. That's actually a little low, but we need to be charitable to you phony-conservatives. But then again, that's not news either;
you learned that a couple of months ago.
"The story of today’s deficits starts in January 2001, as President Bill Clinton was leaving office. The Congressional Budget Office estimated then that the government would run an average annual surplus of more than $800 billion a year from 2009 to 2012. Today, the government is expected to run a $1.2 trillion annual deficit in those years."
David Leonhardt spells it out nicely.
