Quote:
Originally Posted by djplong
...and you complain about the "Blame Bush" crowd? Talk about slanting the presentation! You fail to mention what Bush's LAST deficit was. You fail to mention the wars that were kept OFF THE BOOKS to mask the deficit size. You fail to mention that Bush entered office with a SURPLUS.
Not to say Obama has been "all that", but I would NOT under ANY circumstances hold Bush up as a paradigm of fiscal conservatism.
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You think he's doing a good job with the economy? Why do I need to use qualifiers?
The hole he dug is many times bigger than the hole he started with and that should be enough for anyone to make an evaluation.
New Data: Article from Wall Street Journal at the time said that if the Bush Tax Cuts were not extended that the deficit might reach a yearly total of $300 Billion by 2012. Little did they know that the new President, namely Pres. Barack Obama, would blow their predictions out of the water.
http://blogs.wsj.com/economics/2007/...l-2007-slides/