Tuesday, February 9, 2010

Obama's Deficit Avalanche isn't Bush's Fault

Obama and his progressive lunatics have attempted to blame Bush for just about everything. One of Obama’s favorite lines is to claim that when he came into office, Bush left him with a $1.3 trillion dollar deficit. It was so bad that Bush made Obama spend $1.4 trillion in 2009 and another $1.6 trillion in 2010. But, Obama’s spending is not Bush’s fault…its Obama’s

The Washington Times reports:

Even more staggering than the mountains of snow in the capital are the deficits the Obama administration plans for the next decade. Huge spending increases will add about $12 trillion to the national debt for budget years 2009 to 2020. The scariest part is that these deficits are based on unrealistic budgeting assumptions; the real fiscal outlook is much bleaker.

In the proposed 2011 budget, the White House defensively attacks the “irresponsibility of past” deficits. For example, the 2009 budget deficit of $1.4 trillion is blamed on the George W. Bush administration as if President Obama’s $862 billion stimulus package and more than $400 billion supplemental spending bill had nothing to do with it. Mr. Obama’s planned 2010 budget deficit rises to an even higher record level of $1.6 trillion. By comparison, all of Mr. Bush’s deficits from 2002 to 2008 – the seven years during which his team had the most control over the budget – produced a combined deficit of $2.1 trillion.

Hey lefties…did you see that last line? Obama has spent more in 2 years than Bush did in 7 years. Obama’s BIOB (Blame it on Bush)  defense just won’t work anymore.

[Via http://scottystarnes.wordpress.com]

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