Last week, Congressman Paul Ryan held several talks in Wisconsin, during which he used the below chart to argue that "entitlement" programs are the root cause of our "debt" (he meant deficit, but apparently had a dumbass republican moment).
Anyhow, according to the Center on Policy and Budget Priorities, our deficit is in fact being driven by "economic downtown, financial rescues and Bush-era policies."
And oh, according to the Assistant Secretary for Economic Policy, Dr. Jan Eberly, "regulatory uncertainty" (spoiled CEOs sulking at having to play by the rules) does not affect job growth.
Sources: The Maddow Blog, Think Progress
Monday, October 24, 2011
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