| "B-b-b-but it's his fault ... he started it".....a must read  The Washington Post babbled again today about Obama inheriting a huge deficit from Bush. Amazingly enough, a lot of people swallow this nonsense. So once more, a short civics lesson. Budgets do not come from the White House. They come from Congress and the party that controlled Congress since January 2007 is the Democratic Party. Furthermore, the Democrats controlled the budget process for FY 2008 and FY 2009 as well as FY 2010 and FY 2011. In that first year, they had to contend with George Bush, which caused them to compromise on spending, when Bush somewhat belatedly got tough on spending increases. For FY 2009 though, Nancy Pelosi and Harry Reid bypassed George Bush entirely, passing continuing resolutions to keep government running until Barack Obama could take office. At that time, they passed a massive omnibus spending bill to complete the FY 2009 budgets. And where was Barack Obama during this time? He was a member of that very Congress that passed all of these massive spending bills, and he signed the omnibus bill as President to complete FY 2009. Let's remember what the deficits looked like during that period: (below)  |
If the Democrats inherited any deficit, it was the FY 2007 deficit, the last of the Republican budgets. That deficit was the lowest in five years, and the fourth straight decline in deficit spending. After that, Democrats in Congress took control of spending, and that includes Barack Obama, who voted for the budgets.
If Obama inherited anything, he inherited it from himself.
If Obama inherited anything, he inherited it from himself.
In a nutshell, what Obama is saying is I inherited a deficit that I voted for
and then I voted to expand that deficit four-fold since January 20th.
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2 comments:
World Net Daily
It may be early in the campaign season, but the Communist Party USA already has seen fit to endorse Barack Obama for the 2012 election.
While noting he is disappointed with "some aspects" of the Obama administration's domestic and foreign policy, Sam Webb, chairman of the Communist Party USA, threw his support behind Obama's re-election bid.
In a Rose Garden press conference, the President vowed to “…continue…to fight for…new jobs, higher wages and faster economic growth.” House Minority Leader Nancy Pelosi joined in, saying “Enough talks about the debt, we have to talk about jobs.” And Sen.Charles Schumer (NY) went a step further to claim that job-¬‐ creation is in fact Democrats’ “strong suit.” Can you believe that, job creation is a democrats strong suit??? When? Where????
American Enterprise Institute’s Kevin Hassert pointed out, it certainly is not Mr. Obama’s “strong suit.”
Your graph compares the first two and a half years in office of the five worst presidents on job--creation since 1890. President Obama is the second worst, coming in behind President Herbert Hoover whose first two and a half years in office were during the Great Depression. Not very impressive for someone who has been saying since 2009 that his administration’s “overriding focus” is to “make sure that people are getting back to work.”
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