Liberal Forum

Bush's two wars, his tax cuts, and his crashing of the economy (lower revenues) are a big part of the current deficit. He's the gift that keeps on giving.Not true. Republicans refuse to even entertain the idea of raising revenues, even if it just means closing tax loopholes. In fact they want to cut revenues even more, by giving more tax cuts.We need to do both. Cut spending and raise revenues.I'm not disagreeing that Bush's administration exploded the deficit. When Clinton left office, and Bush began, the deficit was at 4.2 trillion. After 8 yrs of the Bush administration the deficit was at 10.1 trillion. When Obama took office it is now 14.3 trillion. It took 8 yrs for Bush to ring up 6 trillion dollars. It only took Obama not even 2 yrs to ring up almost 3.2 trillion and he isnt even finished with his first term. His spending is unprecedented to what this country has ever seen before.Here is my source: http://www.treasuryd...debt_histo5.htmIt lists the deficit back from 9/30/00 to 9/30/10 Edited by liberal-slammer, 22 June 2011 - 04:41 PM.