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07-09-2009 04:20 PM |
Quote:
Posted by Guest
(Post 213711)
C'mon, Keedy. Let's be fair with the numbers.
The financial stimulus was passed at the end of the Bush administration and would have almost certainly been necessary regardless of who was President at the moment.
Similarly, the Supplemental Appropriation, which covered only a couple of months of federal spending, was needed to pay for the items also budgeted by the Bush-Cheney administration. How much of that was to fund Iraq and Afghanistan, which Obama included in his budget but Bush did not, is another source of your "socialist spending".
And it's a bit too early to lay a $675 billion bill for the healthcare changes on the Obama doorstep just yet. There's still a lot of negotiating going on in the House to make the proposed bill more "deficit neutral". Then there's the Senate, which will probably have their heels dug in even more than the House on wild-eyed spending.
I think it will only be fair to look at the spending of the Obama administration after a year or two passes. Even then it still wouldn't be totally fair to blame him for spending that was authorized and started by his predecessor.
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It does not matter whether all of this spending can be laid at the feet of Bush, Clinton, Obama or the Easter Bunny. They are all guilty to some degree, with one exception (guess which one). The only thing that matters is that it's happening, our representatives (our elected agents!) irresponsibly authorized the spending without any idea what the bill contained, and our agent-representatives are still spending public money (that doesn't even really exist) like intoxicated conventioneers with the Administration's encouragement (and yes, the prior administration also encouraged it).
At some point this money-printing and spending spree has to stop, before the dollar becomes virtually worthless in the world exchange and inflation a-la-Venezuela occurs here.
So, until we get our economy back, creating more public programs without and until creating more taxpayers to help pay for them is utter lunacy. Bankrupting the remaining taxpayers still left in our economy is not the "change" anybody wants.
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