Budget Deficits & The National Debt

This is a MUST READ from Jack Clark. It explains the whole deficit versus debt and who's responsible debate in a manner that will fully arm you in engaging the right wingers who spout their talking points in attacks on Obama:

In the last couple of podcasts, you've heard about obviously life-and-death issues like Haiti and health care. When I started looking into today's topic, federal budget deficits and the national debt, it didn't seem like any kind of a similar moral screaming issue, and I figured I'd just be putting together a short segment.

But the more I got into it, the madder I got about the right-wing's blatant lies and hypocrisy, and the mainstream media's silent complicity in the right's propaganda campaign.

And you may be as surprised as I was at how it winds up being, yes, a screaming, life-and-death moral issue.

I'm going to stretch out here and give this subject the attention it deserves.

So why don't you sit back, relax, and stay for the ride? I think you'll be glad you did.

Whenever I see or hear a right-winger lie, I wonder to myself, would they dare say that face to face to someone who they know understands the real facts, someone who will throw the truth back at them with full force, and obliterate them? I always imagine me talking back to the likes of Sean Hannity and Bill O'Reilly.

Now of course, Hannity and O'Reilly do have nominal non-right-wingers on their programs. They have on their shows ConservaDems, meek timid Dems, Dems who don't even seem to know the basic facts needed to refute the right's lies, kowtowing-to-stay-on-the-program Dems.

Click HERE to read the rest of this transcript or HERE to hear the audio version (recommended).