Bush tax cuts and the debt ceiling – Democrats were against them before they were for them
It seems the current Democrats, including President Obama, were against the Bush tax cuts and the debt ceiling before they were for them.
… it is impossible not see the humor in watching Barack Obama and the Democrats now embracing the very policies they spent the last decade demonizing as the reason for deficits, unemployment, the downturn of the economy, male-pattern baldness, PMS, and the Cubs not winning the World Series. Regardless of the problem, it was always George Bush’s fault.
Referring to the Bush Tax Cuts and economic policies during the Bush years, on October 16, 2012 during the second Presidential debate, Obama said, “That’s what took us from surplus to deficits.”
Less than a year ago, House Minority Leader Nancy Pelosi said, “the Republican failed economic policies of President George Bush took us to a financial meltdown, took us into near depression, took us into deep deficits that we still have to deal with!”
These same Democratic politicians are now professing their undying struggle to save these same tax cuts for the middle class in their continuing saga of class envy of wealthier Americans in our society.
President Obama as a Senator in 2006 made the following statement about what George Bush did as president concerning the debt ceiling.
“The problem is that the way Bush has done it in the last eight years is to take out a credit card from the Bank of China in the name of our children, driving up our national debt from $5 trillion from the first 42 presidents. No. 43 added $4 trillion by his lonesome. So we now have over $9 trillion of debt that we are going to have to pay back. $30,000 for every man woman and child. That’s irresponsible, that’s unpatriotic.”
Now President Obama has requested, unpatriotically we must presume, to allow his administration to be given carte blanche to raise the debt ceiling (now at $16.4T, $64,667 for every man woman and child) at his whim, without the advice and consent of Congress.
What Democratic hypocrites and those Republicans who agree with them, because government’s deficit spending will not cease until Congress and the president have the backbone to stop spending money that they are stealing from America’s future generations.