So, I recently wrote a post about one possible redirection of the bailout funds. In it I tried to put some scale to the numbers that we are talking about. Then I reposted some work that was done to help put the physical prescence of the dollars that we are talking about into context.
Today, I present to you this picture to help put things in greater context.
President Barack Obama has repeatedly claimed that his budget would cut the deficit by half by the end of his term. But as Heritage analyst Brian Riedl has pointed out, given that Obama has already helped quadruple the deficit with his stimulus package, pledging to halve it by 2013 is hardly ambitious. The Washington Post has a great graphic which helps put President Obama’s budget deficits in context of President Bush’s.
