Monday, November 8, 2010

Who Got Stimulated

Budgets do not come from the White House.
They come from Congress, and the party that
controlled Congress since January 2007 is
the Democrat 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.
Let's remember what the deficits looked like during
that period: (below)

If the Democrats inherited any deficit, it was the
FY 2007 deficit, the last of the Republican budgets.
That deficit was the lowest in five years, and the
fourth straight decline in deficit spending.
After that, Democrats in Congress took control of spending,
and that includes Barack Obama, who voted for the budgets.
If Obama inherited anything, he inherited it from himself.
In a nutshell, what Obama should saying is:
“I inherited a deficit that I voted for and then I voted
to expand that deficit four-fold since January 20th”.

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