On a nightly basis, MSNBC's Keith Olbermann pompously presents himself as being the smartest guy in the room as he belittles every leading Republican in the nation.
But on Tuesday, the "Countdown" host exhibited a staggering level of ignorance as he claimed "federal budget debt" -- whatever that is! -- as a percentage of Gross Domestic Product is "about the same as it was in 1970," and "far less than it was throughout the Reagan administration."
To begin with, there is no "federal budget debt." There's a federal budget DEFICIT and federal DEBT.
That this self-proclaimed genius doesn't know these are different things is by itself proof of his almost unimaginable incompetence on this subject.
Yet, whether he meant debt or deficit, what he told viewers during his "Worst Person in the World" segment Tuesday was 100 percent wrong (video embedded below the fold with transcript, h/t Right Scoop, file photo):