Filed under: Capitalism, Economy, Liberalism, Politics | Tags: Democrat Demagogues, Obama, President Bush
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.