Chart of the Day: Reducing the Federal Deficit

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Via Plain Blog, this is from a poll conducted by Emily Swanson and Mark Blumenthal:

According to a new HuffPost/YouGov poll, 69 percent of Americans think that most of the federal budget deficit could be eliminated by cutting “waste and fraud.”

Um, what? More than two-thirds of Americans think the budget deficit is largely a result of waste and fraud? But wait! It’s all explained by a deeper dive into the poll results:

A more detailed look at which programs were named by Democrats and by Republicans suggests that for many, waste is indeed defined as “money spent on some government program I don’t like.”

So there you have it. By logical concatenation, two-thirds of the American public think the budget deficit could be tamed largely by cutting spending on programs they don’t like. That’s a little more defensible. Now all we have to do is figure out which programs a majority of us don’t like.1

1Hint: There aren’t any.

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TIME IS RUNNING OUT!

We have an ambitious $350,000 online fundraising goal this month and it's truly crunch time: About 15 percent of our yearly online giving usually comes in during the final week of the year, and in "No Cute Headlines or Manipulative BS," we explain why we simply can't afford to come up short right now.

The bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. And advertising or profit-driven ownership groups will never make time-intensive, in-depth reporting viable.

That's why donations big and small make up 74 percent of our budget this year. There is no backup to keep us going, no alternate revenue source, no secret benefactor. If readers don’t donate, we won’t be here. It's that simple.

And if you can help us out with a donation right now, all online gifts will be matched thanks to an incredibly generous matching gift pledge.

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