Here goes President Obama and VP Biden again—blaming Bush’s policies for the country’s problems.
Which Bush policies are they talking about? Not the real estate problem that can be attributed directly to the Democrats. They were the ones who started the mess by requiring the banks to make low-down or no-down payment loans to low-income people who couldn’t afford them.
Is it Bush’s tax policy, that gave us record amounts of income?
Is it the deficit, which was at $275 billion when the Democrats took control in 2006? The deficit Obama increased by more than $650 billion right after he was sworn into office? Or the present budget approved October 2009, which Obama and Congress’s super-majority increased $600 billion? Obama’s deficit is projected to be more than $1.5 trillion this year, a bit more than Bush’s $400 billion when he left office.
Note: This does not include Obama’s $700 billion stimulus package or his $1.6 trillion health-care package.
Again, what Bush policies are Obama and Biden referring to?
-- Richard W. Neufeld - Grover Beach