Der Spiegel is Der Wrong


Oct 18, 2011 Lance Roberts 

Click to view Yesterday a posting by Barry Ritholtz went viral over this chart posted at Der Spiegel. Barry writes:

Its kinda funny — how come so few people (especially those on the right) were all that upset about the massive surge in debt under Bush? Is it that they only recently kinda figured out the significance of debt — or are they are merely hypocrites when it comes to this sort of thing?
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