You still believe the media myth that George Bush was the big spender compared to Obama? Go away Liberal troll.
The following chart shows the total Government debt from 2000 and beyond, expressed as a percentage of GDP:
Notice during the early George Bush years that debt rose in direct correlation to 9/11, hurricane disasters, and engagement in multiple massive wars. Incredible amounts of anti-terror infrastructure, CIA black sites, Guantanamo Bay, airport security, and military and defense build-up took place, including creating the highly successful drone program that Obama wishes he could take credit for. Stuxnet, which wiped out Iran’s centrifuge program with a super sneaky computer virus? Sorry, that is also thank you George Bush.
What stands out most is not how massively efficient George Bush’s accomplishments were compared to the debt incurred by Obama, it is what happens in 2007. Democrats took full control of Congress. A truly scary time in our history. By the time Obama takes office, the percentage of debt to GDP rises nearly 25%. Housing collapse you say? Well, sure. It was a huge factor. A Democrat factor. One that George Bush tried to prevent multiple times and was blocked each time by Democrats like Barney Frank, Franklin Raines, Barbara Boxer, and Maxine Waters screaming faux-racism. Truth be told, you should ask Bill Clinton who really started that Greek tragedy rolling.
Next, enter Obama. Debt rising astronomically. Economy on the cliff. Instead of pulling back or producing a rational solution, our faux-Nobel Peace Prize liberal decides he’s not going to let reality contain his arrogance. Off he goes with a liberal wink at jobs to foist Obamacare. Actually, there was the failed Chicago Olympic quest, Union Card Check, Global warming carbon scams, and a few other hiccups in road like giving GM to the Unions to get out of the way first.
Gasoline was $1.84 the day Obama took office. For the bulk of his first term and through today his anti-capitalism and faux-domestic energy
policies have contributed to one of the biggest generational thefts besides Obamacare, in the form of gasoline prices against the American people. Catalyzed by the suppression of oil drilling on the east, west, and Gulf coasts shortly after Obama took office. $100 Billion wasted on Solyndra-like green subterfuges. Pretend-stimulus programs that in reality were epic wealth transfers to blue State budget shortfalls and union jobs and pensions.
Even after adjusting for inflation and population growth, entitlement transfers to individuals have grown 727% over the past half-century, rising at an average rate of about 4% a year.
Don’t even think about taking a look at the capitalism-stifling regulations that have recently been announced or the FED’s program to spend $40 Billion each month, indefinitely, to prop up the stock market.
Nearly everything Obama says in public are lies. Carefully crafted and parsed words, directionally-correct, lawyered-up speeches designed to fool the entitlement class and the less fortunate who can’t discern the propaganda. But the debt Obama has created with help from the Democrats is very real, as is his army of palms-upturned supporters who, mostly by sheer ignorance, keep this disaster rolling.
Most of the things Obama has done in his first term should have cost him the second term election… jobs, wars, gas prices, Obamacare, green energy disasters, EPA overreach, foreign policy failures, eight embassy attacks, including Benghazi where four Americans were negligently sacrificed by the State Department. Not to mention 23 million real unemployed. History will be analyzing that list for years to come for it’s inability to hold him to account for his own actions and inactions. In the meantime, the American suffering and lies will continue. As will the skyrocketing and unsustainable debt.