I swear, you all must be living in your own separate reality. Let's look at Krugman's "evidence"
"including tax breaks for the rich and financial deregulation. Theyve even resurrected the plan to cut future Social Security benefits."
That should be corrected to "tax breaks for all". And financial regulation that works, not just what makes for keen political headlines (why did Obama as a Senator vote down legislation to look into what Fannie Mae & Freddie Mac were up to, and why are they left out of the new regulation bill?). And last but not least, Social Security must be cut, it is a simple matter of mathematics, there is not enough money coming in to cover what's going out.
That's your *amazing* case for your partisan thread?
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As a matter of fact no, cubby1223, our reading challenged co-GOP revisionist historian.
I was referring to the part of the Krugman link that said....................................
"On the deficit: Republicans are now claiming that the Bush administration was actually a paragon of fiscal responsibility, and that the deficit is Mr. Obamas fault. The last year of the Bush administration, said Mr. McConnell recently, the deficit as a percentage of gross domestic product was 3.2 percent, well within the range of what most economists think is manageable. A year and a half later, its almost 10 percent.
But that 3.2 percent figure, it turns out, is for fiscal 2008 which wasnt the last year of the Bush administration, because it ended in September of 2008. In other words, it ended just as the failure of Lehman Brothers on Mr. Bushs watch was triggering a broad financial and economic collapse. This collapse caused the deficit to soar: By the first quarter of 2009 with only a trickle of stimulus funds flowing federal borrowing had already reached almost 9 percent of G.D.P. To some of us, this says that the economic crisis that began under Mr. Bush is responsible for the great bulk of our current deficit. But the Republican Party is having none of it."
Earth to cubby, there is a wee mite of difference between a McConnell claimed revisionist history GWB deficit of 3.2% and the actual 9% of reality.
And if there is any fight left in you, you can read the next Krugman paragraph about GWB lies regarding the Iraq war.
Didn't read that part of the link did you cubby? Did you really think everyone else did not read it? Well cubby, thanks for playing you bet your credibility, but all you won is first place in a gullibility contest. You don't remember Hank the Crank Paulson who gave away the store even before Obama was elected?