Kevin Drum points us to a NYT/CBS poll , specifically a question about the deficit and whether people approve of the way Obama is handling it: 54 percent of the public disapproves of Barack Obama's handling of the deficit. And yet, as the chart on the right shows, the deficit is shrinking dramatically. Last year it dropped by $200 billion, and this year, thanks to a recovering economy, lower spending from the sequester, and the increased taxes in the fiscal cliff deal, it's projected to fall another $450 billion. Bottom line: It's unfortunate that the deficit is falling so fast. It's a headwind against the recovery that we don't need. Nonetheless, the deficit is falling fast, and no one seems to know it yet. The chart above is one that deserves much wider distribution. Be sure to show it to your conservative friends at every opportunity. I strongly suspect Kevin is right that most people are thinking about that question in terms of cutting the deficit. So while...
Not the blog you deserve, but the one you need right now