Posted by: The Elephant Owner in Debt on February 22nd, 2011

The new line from liberals is we don’t really have a budget problem. Social Security is just fine. I saw a clip of Rachel Maddow make that point, there was an editorial in the Philadelphia Inquirer saying that same thing and E.J. Dionne was complaining that the Tea Party had won because we were talking about debt instead of more important things. Gee…all on the same day.

A classy blogger over at the Huffington Posts claims, “It’s not raining. We’re getting peed on.”  Jonathan Tasini, did you go to one of those fancy liberal schools to learn how to craft such wit?

There are probably a ton more examples. The marching orders have been given.

Meanwhile: The combined debt of federal, state and local governments just exceeded to total GDP of the country. If you’re not getting it yet, chew on this:

Cables show China used debt holdings to press US

It’s simply amazing. When the budget deficit was at 4 billion for one year under Bush, these same people where crazy about the Bush deficit. Now that the debt is trillions year after year after year…it’s a phony crisis.

They are either detached from reality or utterly shameless…or both. I think I’ll go with “both”.

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