I am really tired of Republicans blaming Barack Obama for any part of the budget deficit.
Here’s the reality… Fiscal 2009 began October 1st 2008 and ended September 31 2009. Fiscal year ending September 31 2009 ended with a 1.4 Trillion dollar deficit. That deficit was put together and passed by the Bush administration 4 moths before Obama took office. The stimulus package, was passed in December of 2008, once again Obama was NOT in yet in office. The entire deficit we have up to October 1 2009 is due to George W Bush and the "Consertave Republicans". That’s a fact.
The CBO (Central Budget Office) initially predicted a 1.2 trillion dollar deficit for FY 2009 when GWB pushed it through. Really, they were damn close. They predict a 1.2 trillion for Fiscal Year 2010, which is the first Obama budget. The true numbers tell that Barack Obama is no worse than the Republicans when it comes to finances. Assertions of socialism are unfounded rhetoric, once again fodder of Fox News, and not supported by Facts
Saturday, December 19, 2009
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