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


To: Sam who wrote (8868)6/2/2009 6:27:05 PM
From: TimF  Read Replies (2) | Respond to of 86356
 
A recession had not yet started when Bush became president, but Bush inherited the situation where a recession was imminent. Those "what should we do with the surplus" questions where the holdovers from the pre-recession bubble, and didn't accurately reflect the situation Bush inherited.

Not that its really all that relevant. If Bush had inherited massive surpluses, zero public debt, and all around the most wonderful situation in every important way that the world had every seen, it would still be true that Obama increased the spending beyond what it would have been without his changes, and thus this years deficit is partially his.