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Northwest Voices

Seattle Times letters to the editor

August 21, 2013 at 5:55 AM

Truthiness in the national budget deficit

Deficit versus debt

Paul Krugman’s thoughtful column, and in particular his concern about how ill-informed voters are about the deficit, raises a question. [“Truthiness on the budget deficit,” Opinion, Aug. 18.]

Is it possible some of the people who were asked about the topic may have confused the deficit with the national debt, which has continued to increase, even while the budget deficit each year was decreasing?

Bill Beck, Maple Valley

Deficit and debt connected

Professor Paul Krugman gives a perfect example of how to misinform the electorate.

In his entire column, he never once mentions the national debt. The debt has increased by about $6 trillion during Barack Obama’s presidency.

Where does Krugman think this increase comes from? It comes from deficits. Deficits and debts are closely connected.

Why did Krugman chose to ignore this fact?

David Wood, Redmond

Comments | More in Economy, Politics | Topics: debt, economy, Federal budget

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