Tuesday, November 6, 2012

Fingers Crossed Obama Wins

Here is a visual of the USA's debt problem that I photographed from the TV screen when CNN was on (financial reporter Christine Romans).
As you see in the banner title at the bottom of the screen - "Bush-era policies account for the largest chunks of American debt." This is according to the Congressional Budget Office. The Bush Wars (in Iraq and Afghanistan) are represented by the tan and red layers in that graph. The financial crisis (caused by Bush policies and cronies) is the next medium blue layer. Obama's stimulus spending (to try to counter the effects of the mainly Bush-caused financial crisis) is the lighter blue; and, finally, the black layer represents all the accumulated past deficits (Democratic and Republican) to date that combine to make up the rest of the debt. And somehow Republican Romney, is touted by the Tea Party and other neo-conservatives as the future financial and economic saviour to cure America's debt woes? Really? Obama didn't cause any of it; he's simply been trying to clean up from the ravages of everything Romney proposes to return America to. And if Romney wins, wave goodbye to the middle class. (Romney et al will be giving them the financial and social equivalent of the middle finger.) Go Obama, go! Todo bien.

No comments:

Post a Comment