• Someone Please Tell John McCain What the Word "Deficit" Means

    Last night at 10:35 p.m., just as Bob McDonnell was uttering the word "Twitter," I received an email from John McCain. Subject line: "Did you watch the State of the Union?" (Yep, I did. Dennis did too.)

    Anyway, John McCain's email went on to say that he has recorded a "special video message on the issues facing America," and everyone should donate to his re-election campaign so he can keep using his superpowers ("conservative values") to battle the country's enemies (Barack Obama). How bad is Barack Obama, in terms of ruining everything?

    During his first year in office, President Obama and Congressional Democrats have amassed a $12.4 trillion deficit that is growing each day. While the President advocates increased federal spending, I have actively advocated tax cuts, reduced spending and earmark reform to get our economy back on track. (Emphasis mine; sorry I can't provide a link to the contents of my inbox.)

    Good lord, John McCain thinks Barack Obama's administration has borrowed $12.4 trillion during the course of one year. No wonder he's so angry!

    Your job now is to condense the following into 140 characters, so John McCain will understand: the deficit is the annual budget shortfall, ie money out vs. money in, with any difference covered by borrowing. According to the Congressional Budget Office, the 2010 fiscal year deficit is expected to be $1.35 trillion, a slight decline from 2009. The national debt, which is all those annual deficits accumulated after years and years of unfunded wars and tax cuts for the wealthy (or whatever), is $12.3 trillion. Since 1917 there has been a law limiting how much government debt can exist; a few weeks ago this debt ceiling was raised to — aha, here's where he got his number — $12.4 trillion (ish). But screw "facts," let's all just get as angry as possible so we can cockblock any budget proposal the president makes.

    Hey, remember when John McCain single-handedly saved our economy by suspending his campaign? Maybe it's time to try that again.

    Tags: Barack Obama, Debt, Deficit, Economy, John McCain


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