Rachel Maddow sets 90% of America straight about the deficit. Now if only they’d listen:
See how it’s spiraling out of control? See how much it’s growing? Higher and higher all the time. Yeah, no.
Actually, down is not up. Night is not day, and the deficit is getting smaller. It’s dropped by hundreds of billions of dollars during Barack Obama’s presidency.
We are currently experiencing the fastest deficit reduction in several generations, and nobody knows it.
We’re in the midst of a major national crisis, self-imposed, brought on by fear and loathing and worry and outrage over the supposed state of the deficit, and 90% of the country is wrong about what the state of the deficit is. I’m not saying 90% as a made-up rounded hyperbolic number. That’s the actual number.
Here’s the entire segment which includes a wonderful recap of the day’s news in the first few minutes of the video. “And.. and.. andandandandand… It’s that kind of news cycle.” Watch: