I thought Obama’s talk was very impressive.
As we understand it Bush doubled the deficit which was very bad and now Obama is going to triple that which, of course, is good. And, whereas Bush by doubling the deficit created the worst economy since the great depression Obama’s tripling that deficit will cause the economy to greatly improve.
And now Karl Rove, who was clueless about the economy under Bush has grown into an economic sage and believes that indeed with the deficit being tripled beyond what it went to under Bush the economy is likely to recover from a national version of Ci-cago style patronage.
Do we have this right?
I think you’ve pegged it.
What was bad is now good; what was good in now bad or better. Depending, of course.
Yeah, that’s right, except Obama forgets to mentioned Bush doubled the deficit over 8 years, and Obama wants to triple it within his first 3 weeks in office.
Our biggest problem.........is the crackup of the world FDR started contruction of.....piled on by LBJ, accelerated by Jimmy Carter & Clinton w/ Fannie Mae.......
Federal Mandated, unreveiwable spending up 700%....vrs annual budget spending of 204%......
and this bill isnt even going to address the 700% problem—just gonna add to it w/ Natl Health care
Do we have this right?
Sounds good to me. I'd also add that Obama himself helped Bush double the deficit by voting for lots of spending while he was Senator.