WyBlog

The deficit graph the "Blame Bush" crowd doesn't want you to see

Just last night I was treated to yet another "Bush's wars caused all the deficit problems" speech from a liberal. There are a few commenters here who keep making the same claims as well.

So when TrogloPundit pointed me at this graph, I said, "Whoa."

Now let's see here. When liberals blame the Bush tax cuts or the wars in Iraq and Afghanistan for our current deficit woes they really are blowing smoke out of their asses, aren't they.

C'mon. Prior to 2008 the deficit was headed down. Pretty darn near zero too. Then something very interesting happened in 2008.

Democrats happened.

Nancy Pelosi and Harry Reid, followed shortly thereafter by Barack Hussein Obama. That's what happened.

Of course they had a little help from the RINO crowd, like the two nitwits from Maine. And Bush did sign that TARP boondoggle so he gets some of the blame. But those tax cuts? It seems like they were doing just fine until the Democrats took over.

Ole Trog has a daily double of interesting graphs too. His next one plots the debt burden per citizen. It's how much baggage we're dumping on our kids, and on their kids. And it's not pretty.

Some time around 2020 per capita GDP will fall under the debt line. Our kids will then owe the government more than they'll ever be able to pay back.

That's assuming we as a country are stupid enough to continue believing in Obamanomics and progressive idealism.

Are we? I don't know. But from where I sit, I can see November from my house.

Posted at 17:30 by Chris Wysocki   [/democrats]   Comments | Archived | Perm Link |
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