White House projects record deficit for 2009

Quote :

Conrad, who chairs the Senate's budget committee, accused the president of "squandering" the surplus he inherited from President Bill Clinton and said the increased debt the government has taken on to cover the deficit has undermined the value of the dollar and hurt the overall economy.

"If they gave out Olympic medals for fiscal irresponsibility, President Bush would take the gold, silver and bronze," Conrad said. "With his eight years in office, he will have had the five highest deficits ever recorded. And the highest of those deficits is now projected to come in 2009, as he leaves office."

Ummm, Bush's worst year he borrowed like 10% of the deficit, Obama is hitting nearly 50% and all they can do is point the finger at Bush?

OK, I'm not happy with how Bush handled the economy, but come on folks, when are these guys going to admit they're doing worse in this area? And in only four and a half months!

The new projected deficit is four times the 2008 deficit, which was a record high for its time!

Link

That is all the left does is play the blame game.. That is why it is so easy to debate a liberal... You just have to ask them one simple question... What liberal policy has ever worked???? Hangs them up every time... LOL

Judge Roy Bean wrote:

Quote :

Conrad, who chairs the Senate's budget committee, accused the president of "squandering" the surplus he inherited from President Bill Clinton and said the increased debt the government has taken on to cover the deficit has undermined the value of the dollar and hurt the overall economy.

"If they gave out Olympic medals for fiscal irresponsibility, President Bush would take the gold, silver and bronze," Conrad said. "With his eight years in office, he will have had the five highest deficits ever recorded. And the highest of those deficits is now projected to come in 2009, as he leaves office."

Ummm, Bush's worst year he borrowed like 10% of the deficit, Obama is hitting nearly 50% and all they can do is point the finger at Bush?

OK, I'm not happy with how Bush handled the economy, but come on folks, when are these guys going to admit they're doing worse in this area? And in only four and a half months!

The new projected deficit is four times the 2008 deficit, which was a record high for its time!

Link

Chirp, chirp, chirp or whatever a cricket sound is. Deafening silence.