Slouching Towards Oblivion

Saturday, October 13, 2012

The Debt

Willard and Gilligan have been hammering Obama with a few standard gripes that haven't turned out to be quite as lethally effective as they'd hoped they'd be.

One is "Obama's Promise" of an unemployment figure below 8%.  They started slammin' that one just as the figure slipped below the magic 8% level, and then slipped again to 7.8%, which of course prompted the freakout over Jobs-Report-Gate.

But they still had other "points" to make about the Obama Recovery Recession Horribleness of Socialistic Nazified Commie Redistributing Usurpitude - the meme that the economy sucked - NOT because the Repubs fornicated filibustered everything, but because of the Debt Monster looming over us and our massive off-shore tax havens just waiting for Obama to take the opportunity to swoop in and confiscate all of our Job-Creator Wealth, and the Debt Monster has only grown bigger and scarier (and more politically convenient as a point-scorer) under the Rule of Obama blah blah blah...
But, a ray of hope has appeared. New reports have shown that the nation’s debt has shrunk to a level not seen in 6 years, and the trend is continuing. Now our nation’s debt has dropped to $40 trillion, reducing our debt to GDP ratio to 3.29. While the amount owed is still great, this trend of paying off our debt and not increasing it shows a mental shift in the United States.
Oops.

Read more at Addicting Info.

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