Tuesday, February 10, 2009

The budget deficit




Take a look at the graph above and then explain to me how the Republicans are the party of "fiscal conservatism". We truly misunderestimated W. Bush and his ability to turn the Clinton surplus into the largest deficit in history. Remember Bush came to office saying that we needed the tax cut because the surplus was too big.

Bush and Congressional Republicans insisted on massive tax cuts for the super-rich at the same time that we've spent $100s of billions in Iraq. Combine that with a complete indifference to energy independence and total ineptitude in fiscal oversight- I give you the Bush years.

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