A couple of my thoughts first. The President DOES NOT spend money. Nor does he write the spending bill. The House does. So the next time a lib complains about all this being Bush's fault, you might remind them of that. You might also remind them when they took control of Congress and when Medicare Part D was passed and then look at the graph.
Secondly, when these complaints about Bush are lodged have them point out the bills they recommended and passed that reduced government spending that Bush, in turn, then vetoed. Answer - there have been NO BILLS from this congress or the last that reduced spending - far, far, far, far from it.
This brings us to the Big "O". His solution?? Quadruple the debt - this year alone! Ah yes, the joys of fiscal responsibility.
To the article:
Making Bush Look Like a Piker
By Veronique de Rugy Wednesday, September 30, 2009
Filed under: Economic Policy, Government & Politics, Numbers
The Bush-era deficits were bad. I know. I spent eight years complaining about them. How does President Obama stack up?
The Bush-era deficits were bad. I know. I spent eight years complaining about the president’s lack of fiscal responsibly (here and here for instance). I even wrote that Republicans during Bush’s time in office made French socialists look like Reagan. However, President Obama's new projected deficits are truly frightening. And the worse part: we haven’t seen it all yet.
No comments:
Post a Comment