You still can't get around the fact that Barack Obama went before the cameras and condemned President Bush for wanting to raise the debt ceiling calling it irresponsible and lack of leadership and worse.
Most of we conservatives deplored excessive spending and increase of entitlements during the Bush Administration. It is why we allowed the Republicans to lose their majorities in 2006 just as irresponsible management cost Clinton control of Congress in 1994 and just as an irresponsible Barack Obama lost his super majority in Congress and control of the House in 2010.
But how bad was Bush compared to Obama?
In eight Bush years, there was a total increase of 77,000 federal employees. Executive branch employees increased by 53,000 and military personnel increased by 24,000. Almost all of the civilian employee increase was due to the creation of the Department of Homeland Securities in the wake of 9/11.
Obama, through 2011, despite reduced government revenues and severe recession, increased federal workers by 197,000 - 64,000 civilian employees, uniformed military personnel by 133,000.
Now for spending.
It is popular to say that President Bush wiped out a Clinton surplus and in fact a $128 billion dollar surplus was replaced with a $158 billion dollar deficit in the wake of 9/11 and the deep though temporary recession it triggered coupled with increased spending on the War on Terror including Afghanistan.
The Bush Administration increased spending every year from $1.8 trillion in 2001 to $2.9 trillion in 2008.
The average deficit during the Bush years was $250 billion or 2% of the GDP. President Bush’s largest deficit was $458 billion in 2008 when the financial crisis led to the creation of the Troubled Asset Relief Program and several corporate bailouts. The deficits were coming down however, and would likely have been erased in 2008 if the housing bubble had not collapsed. Evenso, the deficit would have been very small that year had Congress, supported by President elect Barack Obama, not voted for TARP that was totally off budget.
During President Obama’s first term, federal outlays increased from $3.5 trillion in 2009 to $3.6 trillion in 2011. The estimated total outlays for 2012 are estimated at $3.8 trillion. In Obama’s first year, the deficit increased by almost a trillion dollars from 2008. Obama has not had a single year in which the deficit was less than a trillion dollars even though revenues had increased to roughly 2008 levels by 2012. Obama’s average deficit was $1.3 trillion during his first three years. This translates into an average deficit that is 9.2 percent of GDP.
Liberals try to lay 2009 economics on Bush, but it was Obama who signed the bills to spend the money, not Bush, so it is blatantly dishonest to say that the 2009 deficit was a Bush deficit. If you go that route, then it has to logically follow that it was Clinton who wiped out his own surplus in 2001.
Both presidents increased the national debt according to statistical data from the U.S. Treasury.
January 20, 2001, when Bush took office, the national debt was $5.7 trillion. When he left office it was $10.6 triillion, and increase of $4.9 trillion over eight years. Inexcusable. Indefensible. No conservative will justify that.
And the liberals condemn him in the most hateful and cruel manner possible and no conservative thinks that it was okay.
On January, 2009, when Obama took office, the national debt was $10.6 trillion. On January 20, 2013, it had incresed to $16.4 trillion, an increase of $5.8 trillion in four years. And we are on track to increase it by that much again in this next four years.
And his worshippers seem to think that is just fine and dandy.
Obama v. Bush on spending, debt and growth of government - Atlanta Conservative | Examiner.com
Most of we conservatives deplored excessive spending and increase of entitlements during the Bush Administration. It is why we allowed the Republicans to lose their majorities in 2006 just as irresponsible management cost Clinton control of Congress in 1994 and just as an irresponsible Barack Obama lost his super majority in Congress and control of the House in 2010.
But how bad was Bush compared to Obama?
In eight Bush years, there was a total increase of 77,000 federal employees. Executive branch employees increased by 53,000 and military personnel increased by 24,000. Almost all of the civilian employee increase was due to the creation of the Department of Homeland Securities in the wake of 9/11.
Obama, through 2011, despite reduced government revenues and severe recession, increased federal workers by 197,000 - 64,000 civilian employees, uniformed military personnel by 133,000.
Now for spending.
It is popular to say that President Bush wiped out a Clinton surplus and in fact a $128 billion dollar surplus was replaced with a $158 billion dollar deficit in the wake of 9/11 and the deep though temporary recession it triggered coupled with increased spending on the War on Terror including Afghanistan.
The Bush Administration increased spending every year from $1.8 trillion in 2001 to $2.9 trillion in 2008.
The average deficit during the Bush years was $250 billion or 2% of the GDP. President Bush’s largest deficit was $458 billion in 2008 when the financial crisis led to the creation of the Troubled Asset Relief Program and several corporate bailouts. The deficits were coming down however, and would likely have been erased in 2008 if the housing bubble had not collapsed. Evenso, the deficit would have been very small that year had Congress, supported by President elect Barack Obama, not voted for TARP that was totally off budget.
During President Obama’s first term, federal outlays increased from $3.5 trillion in 2009 to $3.6 trillion in 2011. The estimated total outlays for 2012 are estimated at $3.8 trillion. In Obama’s first year, the deficit increased by almost a trillion dollars from 2008. Obama has not had a single year in which the deficit was less than a trillion dollars even though revenues had increased to roughly 2008 levels by 2012. Obama’s average deficit was $1.3 trillion during his first three years. This translates into an average deficit that is 9.2 percent of GDP.
Liberals try to lay 2009 economics on Bush, but it was Obama who signed the bills to spend the money, not Bush, so it is blatantly dishonest to say that the 2009 deficit was a Bush deficit. If you go that route, then it has to logically follow that it was Clinton who wiped out his own surplus in 2001.
Both presidents increased the national debt according to statistical data from the U.S. Treasury.
January 20, 2001, when Bush took office, the national debt was $5.7 trillion. When he left office it was $10.6 triillion, and increase of $4.9 trillion over eight years. Inexcusable. Indefensible. No conservative will justify that.
And the liberals condemn him in the most hateful and cruel manner possible and no conservative thinks that it was okay.
On January, 2009, when Obama took office, the national debt was $10.6 trillion. On January 20, 2013, it had incresed to $16.4 trillion, an increase of $5.8 trillion in four years. And we are on track to increase it by that much again in this next four years.
And his worshippers seem to think that is just fine and dandy.
Obama v. Bush on spending, debt and growth of government - Atlanta Conservative | Examiner.com
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