Jaydee and RHR, I believe the response was to Remali who on more than one occasion blamed Busch for most of our ills, but I do believe many, many others have said similar things over the last year or so about Busch, thus my rant
|Now, I am not saying Busch was perfect, but the constant badgering for 4 years is ridiculous and shortsighted, imo|
But if one really goes and looks at the policies Obama and his administration have put into place, and looked at their costs, one would see the majority of our spending and our debt increase is not due to this administration. Yes, the stimulus added to the debt, but not a significant amount. And Obama is going to have to own any costs the we incur from health care, and he is the one that asked for the extension for unemployment insurance.
But let's face it: when Obama entered office the Bush tax cuts were in place, the Bush wars were costing us big time money (in fact, of the $5 trillion increase attributed to Obama, roughly $1.6 trillion is related to the cost of these wars)...and the economy was in the toilet. Had Bush not cut taxes, had we not gotten into two wars, and had the economy not tanked, we wouldn't be facing the huge deficit we have now. Now I will blame Obama for keeping the tax cuts... that is his debt (to the tune of over $1.5 trillion). But consider about $.14 trillion of the debt increase is due to interest owed, and at least another $8-17 million of that debt can be attributed to an improperly funded Medicare part D. When one starts looking at where the money is going, it's easy to see that Obama deserves very little of the blame, as it was not his spending that got us into this mess.
I'm not blaming everything on Bush; as I said, there are some policies that were in place when Bush took office that have contributed to our economic woes; but to say Obama is 100% responsible because it's been 4 years is simply not valid. Referring to our debt/deficit: Obama didn't "build it"... not by himself, that's for sure.