Saturday, April 11, 2009

Your children and grandchildren are really on the hook

SO WHY ARE WE SEEING TEA PARTIES NOW, rather than back in the Bush Administration? It’s important to note that we did see pushback on spending in the Bush years — e.g., the PorkBusters movement that Trent Lott became “damn tired” of — but this graphic may explain why people are more upset now. In terms of both trend and magnitude, things are really different now.


1 comment:

Anonymous said...

If our government used GAAP accounting like corporations have to, the picture would be far bleaker than the above.