The right wing folks -- from the tea party crazies, to the radio and TV hate mongers, to the obstructionist Republican office holders -- are all in a lather lately about budget deficits.
EXCUSE ME?
Didn't ya'll support George W. and his "free market" deregulation (ie. the "Free-for-all market" which became the "Free-fall market"), and his tax cuts for the rich, and his two (!) wars?
Here is a link to an analysis of the the true causes of the Federal deficit. Click on it if facts don't scare you.
I have to tell ya, it ain't Obama's policies that put us in this mess....
Friday, April 09, 2010
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George W. Bush was not a credit to his party and their supposed "conservative" ideals. The Republican Party has indeed lost their way. I was reeling when 'W' said he "...abandoned free-market principles to save the free-market system."
Putting it mildly, that makes absolutely no sense. Certainly with a plan like that, our deficit was sure to sky-rocket!
I hope that Obama can get us to the place where we only spend what we have, or better yet, run a surplus so that we can aggressively pay down our mountainous debt. If we don't, we will lose our AAA credit status(http://tinyurl.com/ybqoft9). That could mean lots of financial pain for our children.
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