Short version: use this image against would-be Democratic deficit busters.
Longer version: the White House is trying to have its own facts, again. At issue is their recent attempt to brag that the deficit for 2014 has been reduced to a ‘mere’ 2.8% of GDP. As Twitchy ably notes/rebutted in response, that would be great, except for two minor little problems:
- The debt is still spiraling out of control; and
- As the Washington Times put it, back in October: “The deficit has indeed declined, but from the $1.4 trillion peak achieved in Mr. Obama’s stimulus-fueled first year in office. He can hardly celebrate cutting in half what he first tripled.*”