For those that blame Bush for the deficit and debt, they seem to have no problem with Obama putting Bush spending on steroids and creating a larger govt. which of course means less debt to the American taxpayer, LOL.
Its not just the debt....but what you get in return for that debt.
I can borrow $10,000 and use the money to replace my roof. My neighbor can borrow $10,000 and use the money on a weekend in Vegas. The debt is not the same.
Where did the $5 trillion in Bush debt go? What did we get in return? We paid for two wars, $2.5 trillion in tax cuts for the wealthy and an unfunded Prescription benefit
Where did the $1.5 trillion from Obama go? It went out as LOANS to banks, It went out as LOANS to GM, it went for stimulus plans for infrastructure improvements.
Yes, I blame Bush