Thursday, July 14, 2011

The Blame Game

Today I got a robo-call from Dick Morris, the conservative pollster and hooker patron, trying to "take America back" -- I guess from President Obama -- by buying his book in order to "make America great again." Forget the fact that the majority of Americans voted for Obama and still support him. The call went on to call the President an "idealog who rammed the deficit up to 14 trillion dollars by expanding government to likes never seen in American history. Really?

Unfortunately it's all a lie. I've been a conservative for years, but if the conservative ideals are worth fighting for, why do Republicans feel the need to lie to get others to support them?

The truth is adeptly told in this Washington Post article written by Lori Montgomery, Published: April 30. She writes:

"The nation’s unnerving descent into debt began a decade ago with a choice, not a crisis.

In January 2001, with the budget balanced and clear sailing ahead, the Congressional Budget Office forecast ever-larger annual surpluses indefinitely. The outlook was so rosy, the CBO said, that Washington would have enough money by the end of the decade to pay off everything it owed."

She goes on to do the simple math that sums up our deficit woes:

"Big-ticket spending initiated by the Bush administration accounts for 12 percent of the shift. The Iraq and Afghanistan wars have added $1.3 trillion in new borrowing. A new prescription drug benefit for Medicare recipients contributed another $272 billion. The Troubled Assets Relief Program bank bailout, which infuriated voters and led to the defeat of several legislators in 2010, added just $16 billion — and TARP may eventually cost nothing as financial institutions repay the Treasury."

And Obama?

"Obama’s 2009 economic stimulus, a favorite target of Republicans who blame Democrats for the mounting debt, has added — 6 percent of the total shift."


You can read it for yourself here:

In the meantime, I have a great idea: Let's stop blaming President Obama for the enormous hole dug into the economy by the Bush tax cuts. In reality, if you cut billions of dollars worth of income out of the economy, you get exactly what we have today, a massive deficit.

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