American Elephants


The “Inherited” Deficits that Obama Keeps Talking About. by The Elephant's Child
April 3, 2009, 11:58 pm
Filed under: Capitalism, Economy, Liberalism, Politics | Tags: , ,

Here are the deficits that Obama keeps claiming that he inherited.   Do recall that the $787 billion stimulus package was all Obama’s idea.  It passed without a single Republican vote in the House and just three votes in the Senate.  President Bush left the second half of the TARP funds, $350 billion, for president-elect Obama, who asked for it.  Just shows what you can accomplish in only 64 days if you put your mind to it.

Sometimes it helps to have a visual reference.  You might want to keep this one in mind.  The graph is from the Heritage Institution.

wapoobamabudget1




Follow

Get every new post delivered to your Inbox.

Join 6,509 other followers

%d bloggers like this: