Republicans are Responsible for our Soaring National Debt

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There’s no special reason to display this graphic yet again — except maybe for the fact that (a) Jeb Bush is once more begging us to stop blaming stuff on his brother, (b) the Republican Party is about to embark on yet another nonstop yakathon about how the budget deficit is going to doom us all, and (c) the doom-monger in chief, Paul Ryan, will be speaking in prime time tomorrow.

Plus Ezra Klein reminded me of this today. Click the link if you want more detail, but I think the chart pretty much speaks for itself. Nearly every single thing driving the current increase in public debt — tax cuts, wars, the recession, and measures to fight the recession — was a result of Bush-era policies that were enthusiastically supported by nearly every single Republican currently hanging out in Tampa. They only got religion after a Democrat won the White House and had to clean up the mess they left behind.

Their success at convincing half the country that Barack Obama is responsible for our soaring debt is surely one of the greatest political propaganda victories of all time.

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THE BIG PICTURE

You expect the big picture, and it's our job at Mother Jones to give it to you. And right now, so many of the troubles we face are the making not of a virus, but of the quest for profit, political or economic (and not just from the man in the White House who could have offered leadership and comfort but instead gave us bleach).

In "News Is Just Like Waste Management," we unpack what the coronavirus crisis has meant for journalism, including Mother Jones’, and how we can rise to the challenge. If you're able to, this is a critical moment to support our nonprofit journalism with a donation: We've scoured our budget and made the cuts we can without impairing our mission, and we hope to raise $400,000 from our community of online readers to help keep our big reporting projects going because this extraordinary pandemic-plus-election year is no time to pull back.

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