How The Right Pivots Away From Bush

Apr 14 2011 @ 12:36pm

Here's a classic piece of essentially dishonesty:

There is a lot of blaming Bush in this speech. Quick perspective: Using numbers from the U.S. Treasury, we see that the debt during Bush’s eight years in office increased from $5.7 trillion to $10.6 trillion, or $4.9 trillion over eight years. That’s bad; that’s basically $610 billion per year. But in the less than three years Obama has been in office, the debt has increased from $10.6 trillion to $14.2 trillion, a $3.6 trillion increase in about 27 months.  In other words, Obama is increasing the debt by $1.6 trillion per year, three times as fast as Bush.

I'm not doubting the facts here. But as any fool knows, Obama inherited an imploding economy with massive effects on revenue and spending that he had no choice but to respond to. If he had done what the GOP says they would have (ha!), and enacted no stimulus, the GOP would be screaming about even official unemployment being over 10 percent, the end of the US automobile industry and the total collapse of the banking sector. Bush added a two unfunded wars, one massive unfunded entitlement, and hefty increases in federal spending, during years of economic growth. And the GOP told us not to worry. The second they lose the White House, everything is Obama's fault.

I guess they'll persuade some. But others have memories.