Talk about an understatement. And the rosy projection? Well here it is compared to the CBO projection:
Current national debt:
In other words, the national debt is not 60 or 70 or 80 percent of the GDP, is it 100 percent of the GDP.
I am aware that Democrats and Obamalytes have desperately tried to redefine national debt in the past four years to mean “debt held by the public,” but why are we who know better letting them get away with it by going along with the scam?
We’ve let them define both inflation and unemployment down, in such a way as to make the taxers, borrowers, and spenders look better. Why acquiesce to this as well?