I love how these raise taxes posts never seem to mention as an option that the government spend less of our money.
Sure Bush ran up a 1/2 billion dollar deficit but Obama more than doubled down and ran it to multi- trillions but that's OK because he has a plan to pay it off. No one seems to think that Obama's numbers are based on consecutive years of 4% plus increases in GDP is a problem even though consecutive years of 4% growth is as likely to happen as winning consecutive 100 million dollar power ball lotteries.
The answer for our fiscal problems is not giving the government more money.
Under president Bush's reign we added
NEARLY 7 TRILLION to the National Debt...$7TRILLION WAS BORROWED for their spending....
PLEASE get a handle on what the numbers REALLY ARE, before you spout off on it....
President bush did NOT include the afghan war costs in his budget.
President Bush did not include the 100 billion for the katrina help in his budget.
President Bush did not include the cost of the Iraqi war in his budget.
President Bush also had huge social security surplusses that he spent....they PEAKED under his administration, there will only be less and less SS surplus to spend for the obama administration.
Under president Bush, we bailed out banks and insurance companies for OVER A TRILLION DOLLARS, and NONE OF THAT SPENDING was put in his budget where they would show as deficits.
But the MONEY SPENT on these things did show up in our NATIONAL DEBT.
For 8 years president Bush DECEIVED us, by NOT putting these things in the budget so that they WOULD NOT SHOW UP AS DEFICITS of the Budget, but you can't fool mother nature....look at the National Debt increases and you will see what president Bush's REAL DEFICIT OF HIS BUDGET WAS....
President Obama and under the Democrats has put every penny of spending in to the Budget, there is nothing HIDDEN....he does deserve credit for this....even if his numers are mind blowing.
Also, Obama's FIRST budget beg 4aysys a ago.... what was spt in t the budget for 2009 began october 1st 2008 ending ptberer 3 30, 2009 and INOOBAMAMA'S'S budget, it is prent B Busush's.