Monday, April 6, 2009

Bush vs Obama Deficits

A day doesn't go by when a Democrat does not decry the "Bush Deficits" on television while promoting their alleged fiscal responsibility. I ran into an acquaintance this weekend who went off on the canard that "Bush left a deficit of 1.2 trillion dollars". I tried nicely to explain to him that he was wrong but he loudly insisted that he was right. I mentioned to him that all he was doing was repeating something he heard from an Obama administration member in the midst of passing an 8000 earmark filled budget bill that Bush would not support but Obama signed.

I believe that origin of that was Rahm Emmanuel's statement on Face the Nation-"1.7 trillion dollars" (March 1, 2009). Interesting that this diagram that has been all over the blogs laid bare Rahm's claim.



There is no doubt that Bush utilized deficit spending. However, Rahm and his boss have taken the art to an entire new level. And I think I will keep re-posting this chart every time some major Obama cabinet member decide to trash everyone who came before them.

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