Quote:
Originally Posted by Exotix
Bush inherited a $5-6 Trillion deficit from Clinton and ballooned it to $11 Trillion in 8 years then crashes the economy and sends America into the Great Depression ... then signs Spending program Stimulus Bills for about another $2 Trillion ...
 |
Think about what all Bush had to fund tho - Clinton had a HUGE dot com ballon economy and still left a 6 trillion deficit. Bush then gets slammed with that bust, 9/11 and all the resulting war expenditures. Whether Iraq was good politically is highly questionable, but economically we couldn't afford it.
I won't give Bush a pass on the deficits he created, but there was legitimate warfare in Afghanistan and the expansion of Homeland Security ate up a lot of it.
The simple fact is we haven't balanced a budget in decades and it has to become a priority.