The American Dream is in peril so long as its namesake is weighed down by this anchor of debt. Break its hold, and we begin to set our economy free. Jobs will come home. Confidence will come back.Sure debt isn't anything to brag about. But how did we get our debt? When Republicans took full reign of power in 2001, there was a huge budget surplus with a federal debt of just over $5 trillion. When George W. Bush left office, he had created a $1.4 trillion deficit and more than doubled the nation's debt to $11.3 trillion. And during that time, John Boehner and his caucus never said one single word. In fact all they did was pass unfunded bill after unfunded bill never once worrying about what it would do for future policy makers. And certainly John Boehner and his fiscal fraud caucus never said one word about an anchor of debt imperiling the nation. Want proof?
As you can see, there is a huge uptick in government spending right up until 2009. Those are the George Bush years. The years when spending huge amounts of money, while cutting revenue, waging two unfunded wars and raising not one single penny to pay for anything was considered Super Patriotic. Tough Guys governed us then. They called themselves Fiscal Conservatives and any dissent against their Super Patriotic Spending was considered treasonous. They spent like drunken sailors. And they are the same people telling us today that spending is out of control and an anchor of debt is destroying our FREEDOM.
But now, now that spending has actually leveled off and shrunk as in the case last year, it's a huge problem that is all Obama's fault. Except there's one problem with that. It was the Republicans led by George Bush that added over $1 trillion of new spending in 7 years time. Barack Obama did not set baseline spending at $3.5 trillion. The GOP did.
Since Barack Obama has been president, spending as increased by 1.4% the slowest spending increase in 50 years. Now that Republicans are no longer in power they once again get to pretend to be fiscal hawks that want to set this country Free. Free of the debt and fiscal disorder they created but don't want anyone to actually stop and think how we got in this shape in the first place.
BP indirectly makes a good point in the comments section. John Boehner once again weeps like a little sissy girl after being sworn in as Speaker. This wouldn't be such a big deal if he wasn't leader of the political party that prides itself as being the epitome of gun toting manly men that want to bomb every country with a name they can't spell. So here ya go all you tough-talking super macho endless war loving Republicans. This is the guy you have to go to if you want something...he's your MAN...