Why didn't we hear about the deficit during the Bush administration?

Discussion in 'Current Events' started by Queen, Jan 26, 2010.

  1. Queen
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    Queen Senior Member

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    Tomorrow is the State of the Union and Obama will be talking about the huge deficit we have. Why didn't we ever hear about it during the Bush admin when during his admin the national debt was more than doubled? The deficits were huge!

    But Bush hid them. He didn't put the two wars in the budget like Obama is doing. Remember all those emergency supplementals that congress voted on every few months? 250 billion here, 500 billion there, to fund the wars. We don't have those anymore, because the wars are funded, out in the open, by the budget.

    But now, we see the deficit spending that these wars are causing, and suddenly everyone's all outraged.

    This money has been draining our treasury for 8 years already.

    09/30/2009 11,909,829,003,511.75
    09/30/2008 10,024,724,896,912.49
    09/30/2007 9,007,653,372,262.48
    09/30/2006 8,506,973,899,215.23
    09/30/2005 7,932,709,661,723.50
    09/30/2004 7,379,052,696,330.32
    09/30/2003 6,783,231,062,743.62
    09/30/2002 6,228,235,965,597.16
    09/30/2001 5,807,463,412,200.06
    09/30/2000 5,674,178,209,886.86

    Government - Historical Debt Outstanding - Annual 2000 - 2009

    The 2009 debt number is from the Bush administration's fiscal year. When they post the 2010 numbers, that will be Obama's.

    So I was just wondering why the media is so stupid? They keep talking about the huge deficit in the Obama admin. But they never mentioned the doubling of the national debt under the Bush admin. Are they really so stupid that they didn't realize all those war supplementals weren't in the budget and therefore hidden away each year?
     
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  2. Coyote
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    Coyote Varmint Staff Member Senior USMB Moderator Gold Supporting Member

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    Good question.

    Wasn't it Reagan that said deficits don't matter?
     
  3. Xenophon
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    Xenophon Gone and forgotten

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    We did.

    Try some other lame talking point besides 'but bush.'
     
  4. Ragnar
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    Ragnar <--- Pic is not me

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    [​IMG]
    Bush Deficit vs. Obama Deficit in Pictures | The Foundry: Conservative Policy News.
    (Graphic from the Washington Post)

    As to... "Why didn't we hear about the deficit during the Bush administration?"

    Answer - You didn't read the NYT or WaPo or the internet? You did not watch CNN or FOX News? In other words, what's this "we" stuff kemosabe?
     
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  5. Yurt
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    Yurt Gold Member

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    the deficit was never mentioned under the bush admin......:lol:

    amazing
     
  6. Ragnar
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    Ragnar <--- Pic is not me

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    We have been a 50/50 nation for a long time, at least since Clinton's first term. Yet it's as if some on the left wing actually thought that when Bush (W) had poll numbers in the 30's it was because America was suddenly 60+% pinko-democrat. Not so. People were growing angry about the spending and that anger grew (for those on the right of center side) after 2006 when the Dem's got back Congress and it grew some more when the Republican party ran a happless, rebel-withoiut-a-clue in 2008.

    On edit:

    The link goes to a few nuggets of New York Times wisdom vis a vie the deficit under Bush vs Obama and concludes, unsurprisingly thus...
    Power Line - That Was Then, This Is Now
     
    Last edited: Jan 26, 2010
  7. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    Teabaggers don't object to right wing deficits

    $5 Trillion didn't matter
     
  8. Queen
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    Queen Senior Member

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    It was Cheney, who said Reagan proved deficits don't matter.

    http://www.ontheissues.org/2004/Dick_Cheney_Budget_+_Economy.htm

    Reagan just about tripled the national debt. It was 907,701,000,000.00 in 1980 and 2,602,337,712,041.16 in 1988.
     
    Last edited: Jan 26, 2010
  9. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    We didn't? Obviously someone wasnt listening.
     
  10. Queen
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    Queen Senior Member

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    No, we didn't. Bush hid the deficit by leaving the wars out of the budget. He also didn't pay for the tax cuts for the rich.

    Obama's budget is honest. That's why we can see what's being spent. It was all shrouded and cloaked during the Bush admin and we didn't know how much would be spent on the wars until they asked for another supplemental.
     

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