| thx1139 said: You really need to understand the debt. Most of Obama debt has come from Bush policies. Obama hasnt been able to kill the Bush tax cuts. The wars in Iraq and Afghanistan couldnt just be stopped cold turkey. The recession which began in December 2007 and accelerated in 2008 and peaked in early 2009 and the economy is only slowly coming back. So the graph below shows the long lasting projections of additions to the debt and whose policies they are from FY2002 through FY2017. Bush responsible for $5.07 trillion and Obama for $1.44. Also notice that $425 billion is for Tax cuts that Obama didnt want to do, but was the only way to get GOP to approve the stimulus package. And it is both a spending and a revenue problem. Yet they arent even talking about the spending that is the worst. The US Defense spending in 2008 dollars is now double what it was on average during the cold war and this doesnt even count the extra expenditures for the wars. The US Defense budget is higher than the next 15 countries combined and accounts for 43% of all spending on defense in the world. US tax revenue is now the lowest it has been in 60 years.
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So, are you bragging that Obama has only increased the debt by 28% the level Bush did in 25% of the time it took Bush to? That Obama is not to blame because he had a nearly unstoppable majority in the senate and house and has maintained the same failed policies as Bush meanint that the debt level will increase more over Obama's first term than it did over Bush's two terms?
