Quote:
Originally Posted by dellinger63
You'll also notice that Obama's increase in spending over his first three years exceeds what Bush spent for the entire budget year of 2006. And where did that get us?  |
The spending during the first two years of Obama is mostly Bush legacy, and a one-time stimulus (only 2/3 of which was actually spent). There are automatic increases in Medicare, Social Security, etc. You can continue to lay that at Obama's feet, but it doesn't wash.
Bush took a budget surplus, and spent it all. Then, as he increased spending markedly, and cut our revenue at the same time, he had to start borrowing money. Billions and billions.
Billions and billions.
That money is being spent over multiple years, and is to be paid back over multiple years (the future), with interest.
No subsequent President is responsible for the huge portion of the deficit, and thus budget payback, that is Bush legacy. Do you not agree with that? Yes or no?