woolfe9999
Diamond Member
Obama maintained an overinflated budget. While I think the republicans painting of the picture isnt true and would not pass the truthiness test. And they certainly are full of shit when it comes to cutting a budget. I think the fact he continued to spend at that overinflated level says he had every intention of spending that kind of money anyways. And because Bush blew out his budget in his last year due to a crisis is a technicality that makes Obama's rate increase look good by comparison.
And to that I ask who cares? The fact is his budgets are well beyond our means to pay for them and running up deficits the likes we havent seen since a world war.
Truth is it wasn't "over-inflated" to begin with, not considering this recession going on. The CBO issued a statement just today that the economy may well double dip next year if the $2.3 trillion in spending cuts passed into law last year and set to implement next January take effect. You're essentially suggesting that his response to recession should have been radical cutting of government spending, laying off government workers and putting them on the unemployment roles, and cutting their personal spending.
Small government dogma should not trump economic prosperity.