Geitner: Obama's Budget Is Unsustainable

[rew]

Quote from AK Forty Seven:

Republicans controlled the House and Senate when The Bush tax cuts were passed,when Bushs wars were passed,when Bushs Medicare was passed and republicans controlled The House when the Homeland Security Act(which spawned massive government) was passed

Those are the main causes for the deficit problems,all passed by a Republican House.All but the homeland security act was passed by a Republican House and Senate

I'd be the last one to defend "compassionate conservative" George W. Bush. But I have to say this, the Democratic opposition to Bush's policies was tepid to say the least. Most of them voted for the wars, the Department of Homeland Security, and the Patriot Act. Most of them favored his Medicare D prescription program, adding trillions of dollars in unfunded liabilities. Teddy Kennedy loved it.

I find it bizarre that there are still people loyal to either party.

 

[RCG Trader]

Quote from Brass:

Right. When Bush handed Obama the keys to the car as it went over the multi-generational-sized cliff, you expected Obama to fly. Got it.

+1

It took two terms to break it, it will take at least two terms to fix it.