Reagan and the two Bushes created 93% of the National Debt by lowering taxes for the rich.
Go to ReaganBushDebt.org
This effectively transferred $10 trillion dollars from the middle class taxpayer to the wealthy.
This is also the reason we have such a great disparity of wealth in America.
Total bullshit. From the link, showing how they calculated it:
" Starting in 2003, George W. Bush destroyed the world economy by encouraging U.S. banks to make loans to those who could not afford them, through schemes such as the "American Dream Downpayment Initiative", and through the destruction of oversight, such as lawsuits to prevent state securities laws from being enforced on Bush's watch. Once Bush's policies led to their inevitable result of economic collapse, the United States found itself in a situation where it had to take on debt in order to restore the economy.
This means that all of the money spent to restore the economy, until it is restored, is also attributable to George W. Bush. "
So all of Obama's big spending is Bush's fault. I wonder sometimes if you really believe this nonsense or you're just posting it to provoke somebody. If it's the latter, congrats, I'm provoked. And BTW, eitherway you're a fuckin' idiot.