• Know the Facts

    Here is an article and graph that I came across that I found informing. Know the facts of the current economic crisis and how we arrived and what is being done to repair it.  Here is a graph of the Policy Changes that have happened in the last ten (10) years.

    What’s also important, but not evident, on this chart is that Obama’s major expenses were temporary — the stimulus is over now — while Bush’s were, effectively, recurring. The Bush tax cuts didn’t just lower revenue for 10 years. It’s clear now that they lowered it indefinitely, which means this chart is understating their true cost. Similarly, the Medicare drug benefit is costing money on perpetuity, not just for two or three years. And Boehner, Ryan and others voted for these laws and, in some cases, helped to craft and pass them.  Full Story

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