Location: Pantego, Texas, United States

Monday, May 11, 2009

I see a lot of people from the Obama Administration on TV who talk about the enormous budget deficit inherited from Bush. They aren't mentioning that since Obama took office, the debt for this year went up by over $600 billion (more than any annual deficit under Bush). Then they get into a whirling dervish spin mode. They say that Obama will cut the deficit in half by the end of Obama's first term. When it is pointed out that, at that rate, the deficit in that year will still be twice as large as Bush's largest deficit they don't respond. Instead they shift into spin hyperdrive, and talk about how Bush tax cuts caused all problems, Bush's deregulation (never specifically identified), etc.


Anonymous Foxwood said...

Obama's budget is designed to fail. He knows what he's doing.

4:30 PM  

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