Thursday, September 02, 2010

Obama's Deficits

I have to admit, I liked it better when I could say that Republicans are just as bad on deficit spending as Democrats, but it looks like Obama is going to beat Bush, if this graphic from can be believed.
I suspect the Iraq spending is underestimated, and we should probably think about total "defense" spending -- or, rather, "nation-building" spending around the world -- and not just spending against Iraq.
Still, the two big bars are pretty compelling.

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