Talk of The Villages Florida - View Single Post - This is an emergency! Monthly Deficit reaches $223 Billion.
Thread: This is an emergency! Monthly Deficit reaches $223 Billion.
View Single Post
 
Old 03-09-2011, 07:01 PM
Guest
n/a
  
Posts: n/a
Default
Quote:
Originally Posted by djplong View Post
...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.
Once again the statement that Bush inherited a surplus. He did not. The country was running in the red when he took office, largely because of the dot com bubble bursting. The fiscal year begins on Oct 1 and ends on the following September 30. The federal government was in the red for the last quarter of 2000. The Clinton surplus was gone and the deficit was real.