Saturday, July 2, 2011

Plutocrat Fact Manipulation #33


The Lying Industrial Complex is at full throttle. Look at this "fact" from the 12/18/2010 New York Post:

Myth: Republicans spent like drunken sailors.

Fact: Federal spending from 1960 through 2000 averaged 20.3% of GDP, with a slightly upward trend. The average over all Bush years, 2001 through 2008, was 19.6% of GDP – below the historical average. The 2001-2008 average deficit was also below the 1960-2000 average.

The 1960 through 2000 period includes the Reagan years, which had some of the worse deficit spending ever. That alone blew the numbers for that period sky high; and the NY Post conveniently leaves that fact out.

Other "myths" in the same article also omit details and key counter-arguments, although not quite as blatant as this one.

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