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Hes STILL blaming bush. At what point does Obama take responsibility for the tax exentions and spending bills that have his own name on them? Even if you accept his premise that he inherited a trillion dollar deficit in fy2009, why is the deficit 1.3 trillion today? Why has spending gone from 3 trillion to 3.6 trillion? Was Bush President in 2011 when the govt passed a 10 year debt ceiling package which has trillion dollar deficits for the next 10 years? Did Bush write Obamas budget which proposes borrowing another 10 trillion?
This is like Bush ordering a steak and running, and then Obama eating it, and ordering another plus desert.
Obama says GOP ordered steak and ran - Video on msnbc.com>> i love listening to these guys give us lectures about debt and deficits. we had a surplus, they turned it into a deficit, built in a structural deficit that extends for decades, and --
>> then they blamed you!
>> isn't that something? it's like somebody goes to a restaurant, orders a big steak dinner, martini, all that stuff, and then just as you're sitting down, they leave. and accuse you of running up the tab!
The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money.
Alexis de Tocqueville
Thought for the day:
We are always hearing about how Social Security is going to run out of money.
How come we never hear about Welfare running out of money?
“Some ideas are so stupid that only intellectuals believe them.”, George Orwell
Such as Obamacare, introducing the architects:
Dr. David Cutler, Otto Eckstein Professor of Applied Economics, Harvard
Dr. Ezekiel Emanual, bioethicist and fellow at the nonprofit bioethics research institute The Hastings Center., University of Pennsylvania
Dr. Jonathan Gruber is a Professor of Economics at the Massachusetts Institute of Technology
Im surprised that he keeps trying it and getting away with it. You would think at some point people would just laugh at him.
Hate to break it to you but 68% of Americans blame Bush including 49% of Republicans in a new Gallup poll.
An btw he's blaming Bush for ten years of failed deficit spending policies.
Man it's as if Republicans were blaming Nelson Mandela for Apartheid tree years into his presidency. Trying to blame Obama is that ridiculous and it won't work come Nov.
Lets accept the premise that its all Bush's fault. Obama didnt fix it. So at the very least, hes incompetent. Why should he get 4 more years to not fix anything?
Americans have memories. They are not stupid. You can't let Wall Street write its own rules, tax cut the shit out of the country, put a Medicare expansion and two wars on the credit card then expect the mess to be cleaned up in three years. It was a decade in the making and it's going to take time to fix. This isn't a radical position it's the independent position that just happens to suck for you but it's your own fault for voting Bush into office.
You remember how pissed liberals were in 04 when Bush got re elected? There was a REASON!!!
I'm gonna remind you of the same thing. Americans will have rejected the failed policies of Bush/Romney and with good reason. Why would u want to go back???
"The long run is a misleading guide to current affairs. In the long run we are all dead." - John Maynard Keynes (admits his philosophy is not viable)
What about the platform Obama ran on, different than continuing Bush policies, which he has not implemented. Is that Bush's fault? Shouldnt Obama then have known that his own policies he ran on couldnt happen because Bush forced his hand? He either looks incompetent or cowardly.
If it was going to take more than one term he should have mentioned that during his campaign. Instead, he promised us the moon. It's fair to hold him to that.
Now, if the spending in question is before crisis, I can't talk about that. Wasn't there and I think it dates back from the '70, if not the '30 so way out of my perspective. If it's crisis spending, right now democrats defend bailouts and stimulus, food stamps and such so, again, I don't think they criticized Bush spending. They criticized Bush-now-Obama tax cuts and the lack of revenues due to a crisis.
I won't discuss the tax cuts (except they didn't ruin the economy, only the budget) because that would take me time so just a last word about Obama's budget (proposal): it spends trillions - like the Ryan budget - yet it caps the debt (76% but that's the public debt), cuts the deficit by half and under 3% and shrinks government by 1-2% (depending on the source, I thought it kept it at 25%). Also it does simplify taxes.