Thursday, July 23, 2009

Graphing the utter, inexcusable fiscal mess

From Powerline, we have the graph, by the CBO Director himself, to Congress, supplementing his testimony that the O/Dem health reform will explode the debt/budget. Note the spikes in the debt-to-GDP happened due to war, or depression. We will have neither after the current slowdown ends, but we will have astonomical and unsustainable debt:

"The extent of the fiscal malpractice being committed by the Democrats in Washington can hardly be comprehended."

http://www.powerlineblog.com/archives/2009/07/024067.php

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