Posted on 07/27/2011 11:09:44 AM PDT by STJPII
Are the charts fraudulent and do you have evidence that government spending spending was under control and that the government was not expanding prior to Obama?
That shop was financed by a pal of Soros...not the man directly.
Even if the carts are fraudulent, they show two simple things.
1. Dems are still blaming Bush.
2. Spending is up even higher under Obama.
I’m sure there are other valid points, but these two sprung out immediately.
Henry Blodget was convicted of insider trading fraud, and is banned from the industry. Take the source for what it’s worth.
Nice comments on there... I especially like the one that points out:
1994-2006, with Republicans in control of the House, US Public debt increased a total of 33%... or 12 years.
In the FOUR years the Democrats were in control.. 2006-2010.... Public debt DOUBLED... 100% increase.
"..Fraud allegation and settlement
In 2002, then New York State Attorney General Eliot Spitzer, published Merrill Lynch e-mails in which Blodget gave assessments about stocks which conflicted with what was publicly published.[4] In 2003, he was charged with civil securities fraud by the U.S. Securities and Exchange Commission.[5] He settled and agreed to a bar from the securities industry. He paid a $2 million fine and $2 million disgorgement.[6].."
So that means we really are really not in hock for 14 trillion dollars and don’t have to increase the debt limit? Great. I feel much better now.
Assumes that income declared to IRS would have been the same with or without the Bush Tax Cuts, aka. static analysis. If higher rates had been in effect, then the private sector would not have reported the same amount of income because the business decisions would have been different.
The guy is an bozo he has tax cuts as a cost, enough said.
Excellent commentary...
This is a horribly biased chart. Several issues with it... just starting with, comparing 8 years with 2 yrs. Plus, it doesn’t include at all the cost of ObamaCare... and, I’m very dubious of the cost shown for the Bush Stimulus... I don’t believe it was bigger than the Obummer cash give away.
Has everyone forgotten that the World Trade Center was demolished. Could that have impacted the economy negatively just at the start of W's Presidency?
Thank you! I’ve been searching for a ready-made antidote to this asinine graph.
Obama is NEVER responsible for anything.
The worst part about Bush, was what he set the stage for.
His last year in office turned into a complete fiasco. The attempt to put unqualified people into homes of their own finally came home to rest. Some of this was the Democrats doing and some of it was his own administration’s doing.
The budget already being blown out, how does a Republican complain with any credibility the blowing out of the budget by a Democrat?
Bush destroyed the ability for Republicans to demand sane spending limits. “Why, you didn’t do it when it was your party in change? This is all about politics.”
It drives me nuts that a Democrat can point the finger at another administration and blame it for a mess. And yet, Obama can with some credibility.
Is it completely rational? No. Sadly, it’s a rational enough argument that many of the public will be fooled.
We should never have set the stage for this, and what we are experiencing right now, is why.
Bush fans, and there are plenty of you out there, this is why many of us were highly critical of Bush. Welcome to the reality he helped create.
This is a fricken nightmare.
You can call my mother a ... but callin Bush a RINo is fightin words. we ohio-ans dont take kindly to you PDSers
LOL
If I’ve got to hear that, I’d rather hear it from you with an “LOL” follow-up. I can hear the sound of thousands of tea-pots steaming out right now.
Thanks sickoflibs. Partisan media shlll agitprop ping.
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