The National Memo » It’s Hard To Run A Democracy With An Ignorant Public:
Given the great hullabaloo in Washington over government spending, here are a couple of noteworthy facts. Under President Obama, the federal budget deficit has been more than cut in half, from a FY 2009 high of $1.55 trillion (largely inherited from George W. Bush) to an estimated $642 billion this year, according to the Congressional Budget Office.
However, a recent Bloomberg News poll shows that 10 percent of American voters are acquainted with this indisputable fact — 59 percent mistakenly believe that the deficit has risen under Obama. Another 26 percent think it’s remained approximately the same. It’s hard to run a democracy given such widespread public ignorance.
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