Earlier today on Fox News, RNC Chairman Michael Steele was asked whether Republicans would borrow from President Clinton’s famous catch-phrase during the 1992 campaign, “it’s the economy stupid,” in the run-up to the 2010 election. Steele proceeded to launch into a rambling answer that used fuzzy math to assert that, in only six months, President Obama has added “10 trillion dollars” to the national deficit, while President Bush is to blame for only “a trillion”:
STEELE: They love going back to George Bush and his deficit that was inherited. Great. I’ll take George Bush’s deficit right now of a trillion dollars over the 10 trillion dollars that this administration has created in just six months.
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