Quote:
Originally Posted by WesternCanadaKing
Well in that vein everyone who voted for Bush is just as culpable. You don't think the lowering of taxes while funding two wars on the other side of the world didn't contribute? How about Bush's own bailouts at the end of his term? I'm not 100% on this, but I think I remember reading that Bush increased government spending more than any other president up that point. Obviously he's not entirely to blame, Obama hasn't done much either, but to say the middle class and poor deserve to have their services cut for supporting Obama just doesn't make sense.
There is so much wrong with your post but this really stood out in not only its ignorance but also the arrogance. I don't understand why its such a problem to ask all members of the society to contribute more during times of hardship. The middle class and poor are going to pay no matter what happens.
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Yes I agree that everyone included those who voted for Bush is responsible. This mess isn't all Obama's doing. It just got worse under Obama and is to the point where America is going to lose its triple A credit rating. Something has to be done now!
Bush's worse year for borrowing(before the bailout at the end of his term) was 500 billion. The bailout changed that of course. Obama followed up that with another bailout and then a stimulus plan. But even without those included he has dwarfed Bush's borrowing. This year without a bailout or stimulus he will spend 1.3 Trillion America doesn't have.
Certainly part of Obama's problem has been a lack of tax revenue. When Bush cut taxes the country's tax revenue actually went up but, that was a far better economy. What Obama needs to do is spend less until the economy picks up and in the mean time do nothing to harm what economy there is.