Journey into the spending abyss

Here’s a picture from the New York Times to help you understand how much more we are going to owe China. (I.e., the growing deficit.)

Do take a minute to notice most of the blame goes to George W. Bush. Mr. Obama’s programs are considered of little consequence. It’s only a couple of hundred billion a year more.

I wonder why the pretty picture doesn’t extend beyond ’09?

H/T: Letters in Bottles.


  1. Nice sleight-of-hand by the NYT.

    Bush’s deficit was $459Bn–Obama voted FOR the $700Bn bankbail and spend $350Bn of it, PLUS Porkulus. He also asked Bush to bail out the auto companies.