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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: Kenneth E. Phillipps who wrote (116171)10/25/2011 9:35:12 AM
From: FJB4 Recommendations  Read Replies (2) of 224706
 
Barack Obama likes to blame all of our economic woes on his predecessor. The burgeoning national debt is no different, as he blames its precipitous rise on the Bush tax cuts. Well, President Bush and his merry band of big-government conservatives were anything but budget hawks; nonetheless, it took them 92 months – almost the entire 8-year tenure – to accrue $4.3 trillion in debt. Obama has accumulated that much debt in just 33 months. Put another way, it wasn’t until 1997 that we amassed as much debt as Obama has in 2.5 years.

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