What’s also important, but not evident, on this chart is that Obama’s major expenses were temporary — the stimulus is over now — while Bush’s were, effectively, recurring. The Bush tax cuts didn’t just lower revenue for 10 years. It’s clear now that they lowered it indefinitely, which means this chart is understating their true cost. Similarly, the Medicare drug benefit is costing money on perpetuity, not just for two or three years. And Boehner, Ryan and others voted for these laws and, in some cases, helped to craft and pass them.
To relate this specifically to the debt-ceiling debate, we’re not raising the debt ceiling because of the new policies passed in the past two years. We’re raising the debt ceiling because of the accumulated effect of policies passed in recent decades, many of them under Republicans. It’s convenient for whichever side isn’t in power, or wasn’t recently in power, to blame the debt ceiling on the other party. But it isn’t true.
This is the main reason I have NEVER taken the Teabaggers seriously because they are so clearly resistant to recognizing that the tremendous economic problems facing our country have virtually NOTHING to do with President Obama and EVERYTHING to do with George W. Bush, the fake president who came before him.
Let's face it, if the Teabaggers were serious about "taking their country back," they would have been Democrats or even true Independents, not obviously transparent covert Republicans.
Oh, and they NEVER would have been ignorant enough to call themselves the "Tea Party" either.
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