It Wasn’t Bush’s War For Oil That Bankrupted America, It Was Democrats

Discussion in 'Politics & Religion' started by bugscoe, Aug 30, 2010.

  1. Another Lie Exposed… It Wasn’t Bush’s War For Oil That Bankrupted America, It Was Democrats
    Posted by Jim Hoft on Monday, August 23, 2010, 9:52 AM

    So will the state-run media ever report this news?
    It wasn’t Bush’s War for Oil that bankrupted America. It was democrats.

    American Thinker reported:
     
  2. cstfx

    cstfx

    Look at those numbers - take out the war and scale back some of those tax breaks and we would have been paying down this debt instead of adding to it.
     
  3. Err, it wasn't just the war - Bush tax cuts, Medicare Part D, TARP - ring a bell?

    [​IMG]

    http://www.politifact.com/truth-o-m...obama-inherited-deficits-bush-administration/
     
  4. Hello

    Hello

    Majority of TARP paid back, high estimates suggest 100 billion wont be paid back, the corporations/jobs saved by tarp pay well over 100 billion a year in taxes so nice try. Also notice that the tax cuts were starting to pay for themselves as the deficit was shrinking until the dems took over and blew it up from 2008 onward.
     
  5. TARP is a small part of it, its not on the chart by itself.

    What about Medicare Part D between, thats hundreds of billions by itself, any repeal initiatives? :D

    "Projected net expenditures from 2009 through 2018 are estimated to be $727.3 billion"
    http://www.cms.hhs.gov/ReportsTrustFunds/downloads/tr2009.pdf

    What exactly did the Dems blew money on? Which legislations they passed caused the deficit to explode?