christiefan915
Catalyst
Obama fucked up the economy? I don't think you remember what it was like at the end of 08...I do and my life today is 200% better than it was then..
I remember watching a client come home in the middle of the day and climb in bed fully clothed after watching 1/2 of his net worth evaporate.. I remember my grandmother losing $80K over a dozen hours and having a panic attack because that was what my grandfather left her after he died to live on after working at NASA for his entire career.. I remember holding my breath, all of us.. watching and waiting for the run on that banks that really would have crippled this country.. and watching as the rest of the world was crippled..
maybe you had a good year that year.. but most of the rest of us were scared to see what was going to happen next.. Today? not like that at all..
but let's take a gander..
for 9 straight years after our surplus, we ran deficits..
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http://www.nytimes.com/2011/07/24/opinion/sunday/24sun4.html
not that deficits mattered.. or so Cheney said... unless of course they're Obama deficits.. then they matter.. HA!
anyway
the right-leaning cato institute said in 2009 "I’m a big fan of criticizing Obama’s profligacy, but it is inaccurate and/or dishonest to blame him for Bush’s mistakes." and posted this chart..
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http://www.cato-at-liberty.org/defending-obama-again/
...after Fox started the story about how Obama's spending "..nearly double what his predecessor did".. just to show that no, no-no.. it wasn't Obama's spending..but that Cato-story didn't fit the narrative so it was ignored..
-Bush shed 913,000 private sector jobs in his 1st term but padded them with adding 900,000 public sector jobs.. Obama, shed 600,000 public sector jobs and has a net gain of 35,000 private sector jobs
http://www.calculatedriskblog.com/2012/05/april-employment-summary-and-disucssion.html
Not exactly the narrative Fox invented..
Again, not something you hear from Hannity, Rush, Coulter, Palin.. or Romney.
once again.. Bush v Obama
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http://www.washingtonpost.com/busin...mas-deficits/2012/01/31/gIQAnRs7fQ_story.html
oddly enough.. the unfunded Bush tax cut,two unfunded wars, the unfunded medicare D, increased defense spending,TARP etc.. were all something Paul Ryan voted for...thus enabling all this mess...
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hmmm... You're right.. 'how can we let Ryan and the GOP have another four?'..
Awesome post, ekg. You rock!