Republicans are Responsible for our Soaring National Debt

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There’s no special reason to display this graphic yet again — except maybe for the fact that (a) Jeb Bush is once more begging us to stop blaming stuff on his brother, (b) the Republican Party is about to embark on yet another nonstop yakathon about how the budget deficit is going to doom us all, and (c) the doom-monger in chief, Paul Ryan, will be speaking in prime time tomorrow.

Plus Ezra Klein reminded me of this today. Click the link if you want more detail, but I think the chart pretty much speaks for itself. Nearly every single thing driving the current increase in public debt — tax cuts, wars, the recession, and measures to fight the recession — was a result of Bush-era policies that were enthusiastically supported by nearly every single Republican currently hanging out in Tampa. They only got religion after a Democrat won the White House and had to clean up the mess they left behind.

Their success at convincing half the country that Barack Obama is responsible for our soaring debt is surely one of the greatest political propaganda victories of all time.

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WE'LL BE BLUNT

It is astonishingly hard keeping a newsroom afloat these days, and we need to raise $253,000 in online donations quickly, by October 7.

The short of it: Last year, we had to cut $1 million from our budget so we could have any chance of breaking even by the time our fiscal year ended in June. And despite a huge rally from so many of you leading up to the deadline, we still came up a bit short on the whole. We can’t let that happen again. We have no wiggle room to begin with, and now we have a hole to dig out of.

Readers also told us to just give it to you straight when we need to ask for your support, and seeing how matter-of-factly explaining our inner workings, our challenges and finances, can bring more of you in has been a real silver lining. So our online membership lead, Brian, lays it all out for you in his personal, insider account (that literally puts his skin in the game!) of how urgent things are right now.

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Getting just 10 percent of the people who care enough about our work to be reading this blurb to part with a few bucks would be utterly transformative for us, and that's very much what we need to keep charging hard in this financially uncertain, high-stakes year.

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