Bush Jr. caused the deficit crisis

[Ruth4Truth]

Originally Posted by Kevdawgg

Lowering taxes and interest rates is the only way to spur the economy.

That's not how Clinton did it, and he created jobs and got the economy back on a solid footing.

Where is Lee Iacocca when you need him? He says he's never needed tax cuts, he's done fine without them, and the country needs the tax revenue more than anyone in his bracket needs tax cuts. Recommended reading: his book, "Where Have All The Leaders Gone?"

[PullMyFinger]

Originally Posted by Kevdawgg

Many believe that Obama was the cause for the deficit crisis. WRONG. Uneducated or uninformed believe Obama was the cause. Actually, Bush Jr. is to blame. First, with the spending for the wars in Afghanistan and in Iraq. Then, with all that bailout money to banks and private investors. When Bush Jr. started his presidency, the deficit was at 5 trillion, thanks to Reagan. After Bush Jr. left office, out deficit was at 12 trillion. Then, Obama had to spend money to help clean up the mess that Bush Jr. made.

If you think I'm baloney, please read this:

Obama Didn't Create Today's Budget Deficit Problem. Bush Did. | The New Republic

I thought this was pretty well known. Bush started 3 wars, thus increasing the expenditures of the Government exponentially at the same time giving huge tax breaks to the rich people who financed his coup' into office (Florida criminal election).

Unless we are using "fuzzy Math" as Bush would have said-I think the answer is pretty obvious.

Bill Clinton had the country on a path to be debt free by 2016. That is a FACT. The repukelicans would absolutely hate that. They love the country to be in debt, it gives them justification for cutting programs for the poor and working poor.

Bush did exactly what he was put in office to do. The republicans found the perfect patsy. A moral-less reformed drug addict that would lie to his mother to get ahead.