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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (8852)	6/2/2009 6:06:05 PM
From: Sam	Read Replies (1) \| Respond to of 86356

--Let me hear you say it - deficits today belong to Bush. Not really, at least not all of them, since Obama increased the spending beyond what it would have been under the initial budget Bush proposed. Look, Bush inherited a situation where people were arguing about whether to pay down the debt completely or not was a good idea. No one back in 2001 talked about the massive future unfunded liabilities that the govt had incurred over the previous two decades or so. No, it was all we gotta get rid of that surplus, we need debt, we need to "return the money to the people." By 2005, at the beginning of his second term, there was no longer any possibility of paying down the debt, then there was talk about those unfunded liabilities, and how the cupboard was empty. Remember Bush taking a safe along with him as a prop, and opening it to reveal its emptiness when he was trying to privatize SS? Any fair-minded historian in the future will surely agree that this economy was managed horrendously under the Bush administration, and Obama was given miserable choices as he came into office. Unlike Bush.