Monday, March 11, 2013

What if GWB had never existed?


I keep hearing Liberals claim that Bush created the recession, the debt, the deficits, Obama’s economic policies, the grassy knoll… etc. But what if He never existed? 9/11, Katrina, tax cuts, wars, etc never happened?
Clinton’s 2000 budget had federal revenues of $ 2.09T, and Federal spending of $1.79T. Assuming we were still following the budget of the Liberal Economic Utopia of 2000, BEFORE the dastardly tax cuts, and war over mythical lies, adjusting for inflation, TODAY’S Revenues would be $ 2,751,968,711. TODAY’S spending would be $ 2,356,949,278.
IN REALITY, Today’s revenues are $ 2.77T slightly HIGHER than they should be under Clinton’s budget, But how can this be? We have been lied to that the tax cuts COST us $3.8T
Today’s Spending is $ 3.88T, $1.62T HIGHER than it should be.
CLEARLY we have a spending problem and not a revenue problem, as claimed by the Democrats.

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