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To: sickoflibs
Have some honesty. There is about $8 TRILLION difference between Obama and Bush:
79 posted on 04/13/2009 10:23:21 PM PDT by WOSG (Why is Obama trying to bankrupt America with $16 trillion in spending over the next 4 years?)
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To: WOSG; sickoflibs

I think your chart makes one of sickoflibs’ point. Here are the Heritage Foundation comments that accompany their posting of the same chart:

http://blog.heritage.org/2009/03/24/bush-deficit-vs-obama-deficit-in-pictures/

What’s driving Obama’s unprecedented massive deficits? Spending.

Riedl details:

President Bush expanded the federal budget by a historic $700 billion through 2008. President Obama would add another $1 trillion.

President Bush began a string of expensive finan­cial bailouts. President Obama is accelerating that course.

President Bush created a Medicare drug entitle­ment that will cost an estimated $800 billion in its first decade. President Obama has proposed a $634 billion down payment on a new govern­ment health care fund.

President Bush increased federal education spending 58 percent faster than inflation. Presi­dent Obama would double it.

President Bush became the first President to spend 3 percent of GDP on federal antipoverty programs. President Obama has already in­creased this spending by 20 percent.

President Bush tilted the income tax burden more toward upper-income taxpayers. President Obama would continue that trend.

President Bush presided over a $2.5 trillion increase in the public debt through 2008. Setting aside 2009 (for which Presidents Bush and Obama share responsibility for an additional $2.6 trillion in public debt), President Obama’s budget would add $4.9 trillion in public debt from the beginning of 2010 through 2016.


86 posted on 04/14/2009 12:27:14 AM PDT by calcowgirl (RECALL Abel Maldonado! (anyone want to join the movement? Chg your tagline!))
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