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Thursday, February 17, 2011

Note to America: Bush didn't balance a single budget

IT'S NOT THAT "WE'RE BROKE" - LIKE THE BANK BAILOUTS, IT'S 'WHO PAYS'

Why should Americans pay for the failed Bush years, with massive cuts to rank-and-file programs like medicare, rather than a tax on those who supported Bush to get elected, "the haves and the have mores" as he once put it?

JUST THE FACTS

Here are the on-budget deficits from Bush-43:

in billions.
2001 -32
2002 -317
2003 -538
2004 -568
2005 -494
2006 -434
2007 -342
2008 -642
Total -3,368 [That's three trillion dollars - years of total GOP control in bold.]

Here are the on-budget deficits from Clinton:

1993 -300.4
1994 -258.8
1995 -226.4
1996 -174.0
1997 -103.2
1998 -29.9
1999 1.9
2000 86.4
Total -1,004 [That's one trillion dollars]

And that evil fiend (!!!), Jimmy Carter?

Total:
-218.1
1977 -49.9
1978 -55.4
1979 -39.6
1980 -73.1
That might be about $400+/- in today's dollars...

Adjusting these for recessions, which can be done, doesn't change the general picture.