The Deficit As Hangover

From a post at The New Rupublic, Chait argues that Obama isn't wrong, he's just not right.

Now, I think it's fine for a story to eschew "balance"when one side is making an unsupportable or hypocritical case. But Obama's case isn't wrong -- it really is true that the economic and budgetary problems we're facing were inherited from the previous administration. What's false is the Republican effort to imply that Obama caused the problems -- an argument that collapses upon the slightest empirical pressure. But somehow the standard here is not what's correct but what's polite, and it's impolite for Obama to blame Bush.