
Here's one that is. A friend of mine recently posted this graph. Now the data may be true (I don't really know) but is it useful and does it give a true picture of a very real problem? No it does not. All this graph does is say "Republicans are bad; Democrats are good." Stupid and pointless and not just because Presidents have less control over debt than this graph would suggest. (PLEASE NOTE: I am NOT saying my friend is stupid. He is not. He is a thoughtful and intellegent man. I'm only saying the graph is pointless.) Why? Because as the debt increases in REAL dollars the increased portion becomes a smaller percentage of the total. Let me show you. During GWB's administration the National Debt went from 5.8 Trillion to 10 Trillion. That's an increase of just under 4 Trillion in 8 years. So far during BHO's administration the debt has gone from 10 Trillion to 14.7 Trillion, an increase of 4.7 Trillion in two years. By the way here's my source http://www.treasurydirect. gov/govt/reports/pd/histdebt/histdebt_histo5.htm and here http://www.treasurydirect.gov/NP/BPDLogin?application=np Just in case I got the numbers wrong. My point is that, though possibly true, the graph doesn't tell a meaningful story. That is, of course, unless your story is "Republicans are bad and Democrats are good". As an aside, I don't personally care either way. I know that the House of Representatives controls the purse strings and, although a President has the influence of the "Bully Pulpit" he really doesn't have that much control. (The decisions made during the Regan administration are a completely different animal altogether and won't be dealt with here and now (though maybe later).
Here's what I'm saying; When you read a statistic think about what the person quoting it is trying to get you to believe. Their purpose is almost never altruistic.
As I use to tell me kids "That's a mighty big number [Missy] you might want to check that."
Wow, great food for thought, thanks for making such an important point.
ReplyDelete(And since the time that you reminded me to check the numbers, I have learned they are all too true, and may be even horrible than reported. Tremendously sad.)