Beeler on debt: Greece is just the appetizer

posted at 3:35 pm on May 14, 2010 by Ed Morrissey

John Hinderaker of Power Line calls this the Cartoon of the Day, and Nate Beeler certainly captures the problem of national debt with his Washington Examiner entry today — especially when it comes to American denial:

There seems to be an attitude of it-can’t-possibly-happen-here among Americans watching Greece and its throes of fiscal collapse.  Greece’s position is much worse than ours is, at least at the moment, as Paul Krugman argued earlier this week.  However, on our current trajectory, it won’t  take long for us to get to the position in which Greece now finds itself, with its debt at 113% of its GDP and no mandate for spending cuts.  In fact, the mere agreement that Greek government spending had to be reduced created riots in the streets and a Communist demand that the “peoples of Europe” rise up and, apparently, feed themselves to the Kraken.  Unfortunately, too many Americans want to feed the Kraken as well while pretending not to see it.

On another note, it’s amazing how much cultural penetration has come from two cheesy Clash of the Titans films, hasn’t it?  Too bad Nate forgot the mechanical owl.

Be sure to check out Nate’s blog for more of his excellent work, featured at the indispensable Examiner.

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The Debt Star is almost within range…

Dark-Star on May 14, 2010 at 3:37 PM

lol ed “deficraken”

I saw that and read defication

I guess both fit

offroadaz on May 14, 2010 at 3:37 PM

Better get Kraken on that debt problem.

FloatingRock on May 14, 2010 at 3:39 PM

don’t you know there is zero threat, ZERO I TELL YOU!

rob verdi on May 14, 2010 at 3:41 PM

Now which political personality could play Medusa? Just one look into her eyes and turn one into stone.

WashJeff on May 14, 2010 at 3:45 PM

Now which political personality could play Medusa? Just one look into her eyes and turn one into stone.

WashJeff on May 14, 2010 at 3:45 PM

Hey, sounds like Photoshop time.

FloatingRock on May 14, 2010 at 3:49 PM

featured at the indispensable Examiner.

I never read it. Someone there should invest in a web design that doesn’t make my eyes vomit.

amerpundit on May 14, 2010 at 3:49 PM

Now which political personality could play Medusa? Just one look into her eyes and turn one into stone.

WashJeff on May 14, 2010 at 3:45 PM

A hand holding a golden mirror reflecting Nancy Pedusa.

FloatingRock on May 14, 2010 at 3:51 PM

speaking of state debts Governator is about to announce his budget cuts live, he waited for markets to close, DOW down 163 linky here for Ahhnold

ginaswo on May 14, 2010 at 4:00 PM

“There seems to be an attitude of it-can’t-possibly-happen-here among Americans watching Greece and its throes of fiscal collapse.”

Maybe it has something to do with Obowma saying

“we are on the road to recovery”

every time he opens his mouth…?

The next thing he is going to say is:

“See… I told you Capitalism doesn’t work!”

Seven Percent Solution on May 14, 2010 at 4:02 PM

Check out my Kraken-related sign from the tax day tea party.

joe_doufu on May 14, 2010 at 4:05 PM

The Debt Star is almost within range…

Dark-Star on May 14, 2010 at 3:37 PM

And almost fully operational. Almost.

iurockhead on May 14, 2010 at 4:06 PM

heheh, where’s medusa (nancy pelosi)???

ted c on May 14, 2010 at 4:09 PM

Cartoon idea:
Obama up to his neck and drowning in a swimming pool full of liquefied dung that is labeled “DEBT”.
On the side of are the leaders of Europe looking down at Obama in the debt pool.

Caption with Obama saying to the Europeans, “Come on in, the water is fine!!!”.

albill on May 14, 2010 at 4:10 PM

Holy cow. We are Greece (or we will be in 2019).

faraway on May 14, 2010 at 4:13 PM

Having dessert before dinner?

Kini on May 14, 2010 at 4:14 PM

That’s no Moon.

Holger on May 14, 2010 at 4:16 PM

However, on our current trajectory, it won’t take long for us to get to the position in which Greece now finds itself, with its debt at 113% of its GDP and no mandate for spending cuts.

Still doesn’t put us in the Greek position. If anything, 113% debt to GDP puts us on our way to Japan’s current position.

ernesto on May 14, 2010 at 4:17 PM

communists are morons

just complete morons

blatantblue on May 14, 2010 at 4:20 PM

The world will know that free men stood against a tyrant.

Bishop on May 14, 2010 at 4:24 PM

Still doesn’t put us in the Greek position. If anything, 113% debt to GDP puts us on our way to Japan’s current position.

ernesto on May 14, 2010 at 4:17 PM

http://e.nikkei.com/e/fr/tnks/Nni20100514D14JFN04.htm

Asher on May 14, 2010 at 4:43 PM

http://www.flickr.com/photos/sully_aka__wstera2/4582627075/
I like this one even better.

Chewy the Lab on May 14, 2010 at 4:47 PM

Give Me Liberty or Give Me Debt.

moonbatkiller on May 14, 2010 at 5:26 PM

If the US goes the way of Greece, who will bail US out, since we have 27 times the population of Greece?

Steve Z on May 14, 2010 at 5:30 PM

A hand holding a golden mirror reflecting Nancy Pedusa

*sigh*
Thanks a lot….somehow I read that as Nancy Pudenda, and it gave me visions no man should ever have to endure. Excuse me, now I have to go gouge my eyes out with a spoon.

taboo on May 15, 2010 at 12:59 AM

We are not like Greece because by the time we fail, there will have been dozens of failures and bail-outs of other countries that were worse off. He path to Hell will be well-trod.

Haiku Guy on May 15, 2010 at 10:00 AM