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Who is more responsible for the debt? Bush or Obama? *now with poll*

Phokus

Phokus

Lifer
http://andrewsullivan.theatlan...ible-for-the-debt.html

About 33 percent of the swing stems from new legislation signed by Mr. Bush. That legislation, like his tax cuts and the Medicare prescription drug benefit, not only continue to cost the government but have also increased interest payments on the national debt.

Mr. Obama?s main contribution to the deficit is his extension of several Bush policies, like the Iraq war and tax cuts for households making less than $250,000. Such policies ? together with the Wall Street bailout, which was signed by Mr. Bush and supported by Mr. Obama ? account for 20 percent of the swing.

About 7 percent comes from the stimulus bill that Mr. Obama signed in February. And only 3 percent comes from Mr. Obama?s agenda on health care, education, energy and other areas.

If the analysis is extended further into the future, well beyond 2012, the Obama agenda accounts for only a slightly higher share of the projected deficits.
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It is not Obama's debt - or, rather, he owns about 10 percent of it. It's Bush's. And like everything Bush did, he left the wreckage for others to handle after he left the stage. And the bribing, war-making, spending and borrowing didn't even win him any durable popularity. They sold this country, its reputation and its treasure for a one-off re-election.
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For some reason, it seems that the right has been blaming Obama for the debt, when most of it was thanks to Bush. Ironically, the same a-holes who signed bush's legislation also have the temerity to blame Obama for it :roll:

Here's Senator Shelby blaming Obama for the fall 2008 bailout:

http://www.youtube.com/watch?v=A3-d1wxcrHo

:laugh:
 
The article has a statement to make and manipulates the facts accordingly.

Obama may have inherited Bush's policies - he also had the ability to void them immediately.

He chose to keep them going.

The initial TARP funds are issued under Bush. The rest of this monster has been under Obama.
 
Originally posted by: Common Courtesy
The article has a statement to make and manipulates the facts accordingly.

Obama may have inherited Bush's policies - he also had the ability to void them immediately.

He chose to keep them going.

The initial TARP funds are issued under Bush. The rest of this monster has been under Obama.
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Yep
 
Any increase in spending since Obama took office, that was not a previously enacted program by Bush Administration, is 100% Obama.


Any more easy questions?
 
Originally posted by: OCguy
Any increase in spending since Obama took office, that was not a previously enacted program by Bush Administration, is 100% Obama.


Any more easy questions?
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That's exactly what i think. Some of your buddies above you disagree. They think Bush's spending is now obama's fault.
 
Who is responsible for what debt?

The entire US national debt?

I don't think Obama ran up all $10 trillion in 6 months on the job.

Neither did Bush during his 8 years (although he nearly doubled it).
 
Originally posted by: jpeyton
Who is responsible for what debt?

The entire US national debt?

I don't think Obama ran up all $10 trillion in 6 months on the job.

Neither did Bush during his 8 years (although he nearly doubled it).
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i said 'more responsible', i didn't say 'who's responsible for the entire debt'
 
It's arguments like these, that sadly are the majority mindset in the country as the media presents it to us this way, that prevent us from actually doing something to fix the problems instead of cheering for your favorite muppet.

/long sentence
 
Originally posted by: Phokus
Originally posted by: OCguy
Any increase in spending since Obama took office, that was not a previously enacted program by Bush Administration, is 100% Obama.


Any more easy questions?
Click to expand...

That's exactly what i think. Some of your buddies above you disagree. They think Bush's spending is now obama's fault.
Click to expand...

but it is: he could get the dems to repeal the drug benefit if he wanted to... bo and the cong dems have the ability to change anything that was done by bush...

 
Originally posted by: cubeless
Originally posted by: Phokus
Originally posted by: OCguy
Any increase in spending since Obama took office, that was not a previously enacted program by Bush Administration, is 100% Obama.


Any more easy questions?
Click to expand...

That's exactly what i think. Some of your buddies above you disagree. They think Bush's spending is now obama's fault.
Click to expand...

but it is: he could get the dems to repeal the drug benefit if he wanted to... bo and the cong dems have the ability to change anything that was done by bush...
Click to expand...

Gotcha, the current debt is 100% obama's fault... 0% bush's fault.
 
At this point I say half and half. Bush really got the ball rolling but Obama has picked it up and run with it like no other.
 
Originally posted by: Phokus
Originally posted by: OCguy
Any increase in spending since Obama took office, that was not a previously enacted program by Bush Administration, is 100% Obama.


Any more easy questions?
Click to expand...

That's exactly what i think. Some of your buddies above you disagree. They think Bush's spending is now obama's fault.
Click to expand...

I mean how much of kool-aid drinking rightwinger do you guys have to be that OCGuy actually gets the question right and became the voice of reason on your side? 😛
 
They're both to blame but Bush is less forgivable because deficits increased even while the financial sector skyrocketed. That would have been the time to pay down debts, not create more.
 
Shows you how stupid, dishonest, or both some Republicans are. How the hell can one person control the spending of the person who preceded them on a job? All's possible in Republican land.
 
Since Obama voted for Bush budget busters - and then quadrupled Bush debt (and scaring the crap out of the Chiense and Russian Marxists who know what Obama is up to) Obama debt is nuclear compared to Bush's conventional bunker-buster. Bush could be a moron but Obama is a maniac who the US will not survive intact. He's already worst pres US ever had and he''s just getting started.
 
Originally posted by: BarrySotero
Since Obama voted for Bush budget busters - and then quadrupled Bush debt (and scaring the crap out of the Chiense and Russian Marxists who know what Obama is up to) Obama debt is nuclear compared to Bush's conventional bunker-buster. Bush could be a moron but Obama is a maniac who the US will not survive intact. He's already worst pres US ever had and he''s just getting started.
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Keep listening to Rush. He'll tell you what to say tomorrow, too.

 
Originally posted by: Phokus
Originally posted by: OCguy
Any increase in spending since Obama took office, that was not a previously enacted program by Bush Administration, is 100% Obama.


Any more easy questions?
Click to expand...

That's exactly what i think. Some of your buddies above you disagree. They think Bush's spending is now obama's fault.
Click to expand...

So then if we successfully spend our way out of this recession then some of the credit also belongs to Bush?
 
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