• Posted Feb. 25, 2013 5:05 p.m.
  • Budget deficits have been getting bigger under Obama, right? No, they’ve been getting smaller!
  • The chart above demonstrates the extent to which Americans generally have the wrong impression abut federal budget deficits.

    Steve Benen EXPLAINS:

    A 62% majority believe the deficit is getting bigger, 28% believe the deficit is staying roughly the same, and only 6% believe the deficit is shrinking.

    In other words, in the midst of a major national debate over America’s finances, 90% of Americans are wrong about the one basic detail that probably matters most in the conversation, while only 6% — 6%! — are correct.

    For the record, last year, over President Obama’s first four years, the deficit ...

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