4/19/2010

Obama administration blames out of control spending on Bush administration?: Does the media just start laughing out loud when they hear this?

So the $826 billion stimulus, the $400 billion supplemental spending bill, and numerous other spending bills lowered the deficit? It is pretty amazing that they could even try to claim this.

Treasury Secretary Timothy Geithner, when asked about the Tea Party protests, said in an interview Sunday that the Obama administration is paying more attention to deficit and spending concerns than the Bush administration did.

"We've just been through eight years where many people said deficits don't matter. We can pass huge tax cuts, pass huge new programs without paying for them. That debate has changed fundamentally," Geithner said on NBC's "Meet the Press."

"You don't hear people say anymore deficits don't matter. You don't hear people saying we can pass enormous expansions in government without paying for it. That's an important change." . . .


The Washington Times goes through the numbers here.

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3 Comments:

Blogger John A said...

"We've just been through eight years where many people said deficits don't matter. We can pass huge tax cuts, pass huge new programs without paying for them. That debate has changed fundamentally."

Because the people who were saying that are now actually doing it, so the debate has changed from "should they" to "we have, even when most of you said not to, now shut up."

4/19/2010 6:29 PM  
Blogger Al B. said...

The Ministry of Truth is alive and well, even though it took an extra 25 years to get here!

4/20/2010 11:59 AM  
Blogger cmblake6 said...

Priceless. You couldn't make up stories as good as these.

4/23/2010 11:44 AM  

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