Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
A former adviser of Ronald Reagan has some choice words for George W. Bush.
David Stockman, Reagan’s budget director from 1981 to 1985, slammed Bush and his former boss in an op-ed in The New York Times Sunday. Stockman argued in the piece that Reagan’s view on the deficit “created a template for the Republicans’ utter abandonment of the balanced-budget policies of Calvin Coolidge.”
“(Reagan’s deficit policies) allowed George W. Bush to dive into the deep end, bankrupting the nation through two misbegotten and unfinanced wars, a giant expansion of Medicare and a tax-cutting spree for the wealthy that turned K Street lobbyists into the de facto office of national tax policy,” Stockman wrote.
Bush isn’t the only Republican leader to draw Stockman’s ire in recent months, though. During the 2012 presidential election, Stockman called Republican candidate Mitt Romney “a master financial speculator who bought, sold, flipped, and stripped businesses.” He also attacked Vice Presidential Candidate Paul Ryan’s budget, arguing that it was “devoid of credible math or hard policy choices.”
More: David Stockman, Ex-Reagan Budget Director: George W. Bush's Policies Bankrupt The Country
State-Wrecked: The Corruption of Capitalism in America
Guess who's economic polices Obama is using? Bush's, but on the roids.
The GOP learned long ago to run up the debt, and when a Democratic candidate wins, they begin to complain about the debt.
Are there any Reagan adviser's commenting on his catastrophic foreign policy failures?
Red Herring Alert. "TheOldSchool" has made an effort to change the direction of the thread, should he not be sanctioned by the 'power'!
We are 16 trillion in debt so strictly speaking we as a nation have been bankrupt long before Bush was ever president. I get such a laugh out of people who act like this debt just suddenly sprang up under Bush and we were debt free before then.
A former adviser of Ronald Reagan has some choice words for George W. Bush.
David Stockman, Reagans budget director from 1981 to 1985, slammed Bush and his former boss in an op-ed in The New York Times Sunday. Stockman argued in the piece that Reagans view on the deficit created a template for the Republicans utter abandonment of the balanced-budget policies of Calvin Coolidge.
(Reagans deficit policies) allowed George W. Bush to dive into the deep end, bankrupting the nation through two misbegotten and unfinanced wars, a giant expansion of Medicare and a tax-cutting spree for the wealthy that turned K Street lobbyists into the de facto office of national tax policy, Stockman wrote.
Bush isnt the only Republican leader to draw Stockmans ire in recent months, though. During the 2012 presidential election, Stockman called Republican candidate Mitt Romney a master financial speculator who bought, sold, flipped, and stripped businesses. He also attacked Vice Presidential Candidate Paul Ryans budget, arguing that it was devoid of credible math or hard policy choices.
More: David Stockman, Ex-Reagan Budget Director: George W. Bush's Policies Bankrupt The Country
State-Wrecked: The Corruption of Capitalism in America
Wait a minute,.........is Bush still POTUS??????
We are 16 trillion in debt so strictly speaking we as a nation have been bankrupt long before Bush was ever president. I get such a laugh out of people who act like this debt just suddenly sprang up under Bush and we were debt free before then.
"Eight years ago, our future was at risk," Clinton said Wednesday morning. "Economic growth was low, unemployment was high, interest rates were high, the federal debt had quadrupled in the previous 12 years. When Vice President Gore and I took office, the budget deficit was $290 billion, and it was projected this year the budget deficit would be $455 billion."
Instead, the president explained, the $5.7 trillion national debt has been reduced by $360 billion in the last three years -- $223 billion this year alone.
This represents, Clinton said, "the largest one-year debt reduction in the history of the United States."
I thought obama promised to fix it all in his first term? Thanks for reminding us obama is a failure.Only fools think obamaturd has no fault. Bush is gone idiot, get over it. Obamaturd has done much more harm.
Bush is far from gone. The damage he inflicted on America, and the world, will be with us for decades.
I think the hope is that it'll make Obama seem less inept, as if that could mitigate over four years of failure.
I think the hope is that it'll make Obama seem less inept, as if that could mitigate over four years of failure.
Where are we on the 28 years of debt-fueled canned heat econmy/"voodoo" economics / "new economy" fiscal policies that crashed and burned just before America expressed buyer's remorse for 2004 by electing the inexperienced un-Republican, Barack Hussein Obama, Lord and Master of the Nutballs and all they Survey - as well as President of Rational America?
Does any Republican posting here have the personal integrity to take that one on?
The GOP learned long ago to run up the debt, and when a Democratic candidate wins, they begin to complain about the debt.
I thought obama promised to fix it all in his first term? Thanks for reminding us obama is a failure.Only fools think obamaturd has no fault. Bush is gone idiot, get over it. Obamaturd has done much more harm.
Bush is far from gone. The damage he inflicted on America, and the world, will be with us for decades.
I think the hope is that it'll make Obama seem less inept, as if that could mitigate over four years of failure.
Where are we on the 28 years of debt-fueled canned heat econmy/"voodoo" economics / "new economy" fiscal policies that crashed and burned just before America expressed buyer's remorse for 2004 by electing the inexperienced un-Republican, Barack Hussein Obama, Lord and Master of the Nutballs and all they Survey - as well as President of Rational America?
Does any Republican posting here have the personal integrity to take that one on?
Another Leftytoon it's Bush's fault fail.
