Debt as Reality

While the Obama naysayers (from the left, the center, and the right) continue to blame Obama for the slow recovery, they seem incapable of understanding facts. Add to this the fact Obama doesn't shy away from being blamed, and you end up with a remarkably obtuse conclusion as to why we are where we are today.

I admit I would love to see Obama call people on their crap, drag them out on the carpet and see how they would defend their "ideals" against hard facts. But as the dumbing down of America continues at breakneck speed, at this point I don't know that it would do any good. Ultimately, Obama is going to have to say to somebody, not just some faction, but an actual person, "You are lying, and not only that, you are lying to forward an agenda that is in way in the interest of the American people." That does go against what a reasonable person would do. You don't wrestle with a pig unless you're willing to accept the fact that you're going to get as dirty as the pig. And of course, who in their right mind would do that?

Unfortunately, the politics of the day has descended into the pre-school fight over toys. The old "you can't make me, you can't make me" argument apparently passes for adult discourse now. And of course, the facts are tossed out the window, because facts don't help you say "you can't make me."

However the graph below, the facts of which has been shown in any number of models, is a fact. A fact recognized by the CBO, the GAO, any number of respected economic analyzers.

And as any fool can see, the tax break for the rich is just going to get larger.  And that amount is based on fairly conservative estimates in the growth of income for the wealthy.  I think the choice is clear.