I'm Sick of "Inherited"
The Washington Post babbled again today about Obama inheriting a huge deficit from Bush, blah blah blah. Amazingly enough, a lot of people swallow this nonsense.So once more, I'll try a short civics lesson.Budgets do not come from the White House. They come from Congress, and the party that controlled Congress since January 2007 is the Democratic Party. They controlled the budget process for FY 2008 and FY 2009, as well as FY 2010 and FY 2011.In that first year, they had to contend with George Bush, which caused them to compromise on spending, when Bush, somewhat belatedly, got tough on spending increases. For FY 2009, though, Nancy Pelosi and Harry Reid bypassed George Bush entirely, passing continuing resolutions to keep government running until Barack Obama could take office.At that time, they passed a massive omnibus spending bill to complete the FY 2009 budgets. And where was Barack Obama during this time? He was a member of that very Congress that passed all of these massive spending bills, and he signed the omnibus bill as President to complete FY 2009.
The preceding bar graph, and write up was sent to Rational Nation USA. As they are an accurate reflection of the reality of today it was posted on this site. If these projections hold even close to true we are in for a rough ride for a long time. Since projections are always based on optimistic assumptions it is likely the numbers will be worse than projected.