Tuesday, August 28, 2012

A Chart to Remember This Week

Ezra Klein at the Washington Post's Wonkblog suggests that everyone watching the GOP convention in Tampa this week keep the following chart in mind as they are bombarded with the GOP's debt clock:

Key quotes:
On the Republican convention stage tonight, you’re going to see a really large clock. But the clock isn’t for keeping time. The idea isn’t to stop speakers from going over their allotted time, or the convention from running late. It’s a debt clock. And the idea is to blame President Obama and the Democrats for the national debt.
But in doing so, the Republicans will end up blaming Obama for the policies they pushed in the Bush years, and the recession that began on a Republican president’s watch, and a continuation of tax cuts that they supported. They’ll have to. Because if they took all that off the debt clock, there wouldn’t be much debt there to blame him for at all.

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