Conservatives continue to whine and point fingers when it comes to spending and no money to pay for it, well look no further than your mirror if voted for Bush once and hang your head in shame if you voted for him twice.
From The Week Magazine;
Bush was the arsonist who struck the match and set the country on fire with all the conservatives cheering him on. Now Obama comes along to try and put the fire out and clean up behind this drunken frat boy and the conservatives are over at the hydrant turning the water off and pointing fingers and screaming "I want my country back". Give me a friggin break.
From The Week Magazine;
How did the deficit get so big?
When George Bush took office in 2001, the U.S. had an annual budget surplus of $236 billion, thanks largely to a flood of tax receipts generated by the dot-com boom. Bush swiftly enacted tax cuts aimed mostly at high earners, which transformed the surplus into a $150 billion deficit in just one year; there hasn?t been a surplus since. Then came 9/11 and the wars in Afghanistan and Iraq, which were fought on credit, and have cost close to a trillion dollars so far. The Medicare drug benefit, which Bush and Congress enacted in 2003, will add another $1 trillion to the deficit by 2015. But the greatest damage was inflicted by the 2007?08 Great Recession, which drove down employment, profits, and tax receipts. In one year, the government?s tax revenues fell $400 billion?17 percent. At the same time, Washington laid out $154 billion to bail out troubled financial institutions and $202 billion on economic stimulus. The deficit soared.
Bush was the arsonist who struck the match and set the country on fire with all the conservatives cheering him on. Now Obama comes along to try and put the fire out and clean up behind this drunken frat boy and the conservatives are over at the hydrant turning the water off and pointing fingers and screaming "I want my country back". Give me a friggin break.