L.A. Times Blatantly Misstates Facts Regarding National Debt
David Lauter makes a false claim at the L.A. Times about the national debt.
“[T]he U.S. debt burden is starting to decline.”
Utterly false by any measure.
Lauter also tries to claim that, if one measures debt by gauging national debt held by the public as a percentage of GDP, the debt grew rapidly under Bush, and Obama is the guy getting it all under control.
Tom Blumer destroys Lauter here. But a picture is worth a thousand words:
Blumer demands a correction here. I plan to write an email myself when I get time, and suggest you do the same.
Excellent work by Tom Blumer.