Bush Administration Blames Bill Clinton for Deficit

from Pensito Review
Trish | Jul. 28, 2008

It’s not just me and you who don’t have enough money to go around. The Bush administration has pushed the government to the point of bankruptcy too. Starting Oct. 1, when the 2009 fiscal year begins, we are toast.

We have just got to get somebody smart in the Oval Office again. America can’t survive another mean-spirited, half-wit puppet president.

The White House on Monday predicted a record deficit of $490 billion for the 2009 budget year, a senior government official told CNN.

The deficit would amount to roughly 3.5 percent of the nation’s $14 trillion economy.

The official pointed to a faltering economy and the bipartisan $170 billion stimulus package that passed earlier this year for the record deficit.

As one economist said at the time of the stimulus proposal,

Let’s drop the euphemism of “stimulus package” and call this agreement by its proper name: “deficit spending.”

(Continued here.)