That thing floating in the punch bowl
Posted by Ron Coleman on October 22, 2008
Even with the tax cuts, and even with the wars in Iraq and Afghanistan, Bush would have reduced the national debt by nearly half a trillion dollars if he’d kept domestic spending under control. Instead, he did just the opposite: the Medicare drug benefit, No Child Left Behind, and dozens of smaller new spending programs he pushed through a reluctant congress. And the national debt went up by $1.3 trillion.
I’m not sure which is sadder — that these spending programs were approved by the Republican congressional majority forged by genuine fiscal conservatives on a promise of balancing the budget by cutting spending, or that the only other viable political party has been continuously criticizing Bush and the Republican party for not spending even more.
Thank you, Maniakes, for doing the math. Thank you, thank you, thank you!
This is the legacy George Bush will never live down.