That’s why it sucks. The One is busy taking the things that really blew in Bush’s economic plan and like Hans und Franz is “pumping them up”. It’s amazing that someone who has spent and is still spending time daily bashing the former president is really a closet Bush supporter. He must be because he is just repackaging Bush’s mistakes and expanding them to make them entirely his own. This article from the Heritage Foundation explains what I mean. Here is an excerpt:
President Obama has framed his budget as a break from the “failed policies” of the Bush Administration. Actually, his budget doubles down on President George W. Bush’s borrow, spend, and bailout policies. For example:
- President Bush expanded the federal budget by a historic $700 billion through 2008. President Obama would add another $1 trillion.[3]
- President Bush began a string of expensive financial bailouts. President Obama is accelerating that course.[4]
- President Bush created a Medicare drug entitlement that will cost an estimated $800 billion in its first decade. President Obama has proposed a $634 billion down payment on a new government health care fund.
- President Bush increased federal education spending 58 percent faster than inflation. President Obama would double it.[5]
- President Bush became the first President to spend 3 percent of GDP on federal antipoverty programs. President Obama has already increased this spending by 20 percent.[6]
- President Bush tilted the income tax burden more toward upper-income taxpayers. President Obama would continue that trend.[7]
For someone who constantly complains and reminds us about the mess he has inherited he isn’t trying to change things he is just doing alot more of the same things.
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