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Old 02-14-2011, 03:52 PM   #16
Idorsearogele

Join Date
Nov 2005
Posts
435
Senior Member
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Forty cents of every dollar spent is borrowed.

Bush, over 8 years, overspent by 2 trillion dollars. Obama overspends this year alone by $1.65 trillion. This is on top of the 2.968 trillion Obama has already overspent... this totals to 4.6 trillion in three years.
You're way off on bush's numbers. Maybe Obama's mistake was he hired you to do his budget math?



Btw, This is all Bush's Fault..

(i just wanted to add that before the liberal progressives had the chance...)
Bush certainly didn't help solve the problem (note where the curve really takes off again in 2000), although he was far from the first to start it. It actually started with Reagan who managed to convince the country that deficits don't matter. Bush seemed to take that idea and have an orgasm with it, and Obama is at least convincing people that deficits DO matter. So which is it conservatives? Do deficits matter or don't they?

Reagan tripled the debt under his watch, perhaps conservatives can explain to my why they're upset that Obama seems set to triple the debt under a similar timeframe? And please stay away from double standard logic.
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