A few inconvenient truths getting in the way of the “We inherited the financial crisis” meme

Hotair ^ | 08/05/2011 | Ed Morrissey

[Liz]

Obama’s Deficit Avalanche isn’t Bush’s Fault / scottuystarnes.com / 2/9/2010
SOURCE http://scottystarnes.files.wordpress.com/2010/02/obama-deficit.jpg?w=400&h=308

Washington Times reports: Even more staggering than the mountains of snow in the capital are the deficits the Obama administration plans for the next decade. Huge spending increases will add about $12 trillion to the national debt for budget years 2009 to 2020.

The scariest part is that these deficits are based on unrealistic budgeting assumptions; the real fiscal outlook is much bleaker. In the proposed 2011 budget, the White House defensively attacks the “irresponsibility of past” deficits.

For example, the 2009 budget deficit of $1.4 trillion is blamed on the George W. Bush administration as if President Obama’s $862 billion stimulus package and more than $400 billion supplemental spending bill had nothing to do with it. Mr. Obama’s planned 2010 budget deficit rises to an even higher record level of $1.6 trillion.

By comparison, all of Mr. Bush’s deficits from 2002 to 2008 – the seven years during which his team had the most control over the budget – produced a combined deficit of $2.1 trillion.

Obama has spent more in 2 years than Bush did in 7 years. Obama’s BIOB (Blame it on Bush) defense just won’t work anymore.

[AGreatPer]

All true. Just too many facts for a Democrat to understand. Way over their head.

[FlingWingFlyer]

I’m getting tired of that old “inherited” BS from Barry and his commie ‘RATS. Look at the mess he and his ‘RATS are going to leave to our grandchildren to “inherit”. They’ll be paying OUR BILLS for the rest of eternity.

[ken5050]

“Corinne Brown??”” who cares what she says/thinks..she’s dumber than a pet rock..

[Bloody Sam Roberts]

I like the cartoon. But I must point out that if the smaller hole represents a half billion, by comparison, the edge of the larger hole representing 1.85 trillion dollars in deficits under Obama ...at the scale in the drawing...would probably appear as a straight line.
1.85 trillion a big ass number.

[TwelveOfTwenty]

Speaking of "inherited":

Reagan inherited high unemployment, double digit inflation, and the Cold War from his predecessor.

Twelve years later, Clinton inherited the end of the Cold War, the start of the tech boom, and a growing economy from his predecessor.

Eight years later, Bush inherited Bin Laden and the start of a recession from his predecessor.

And in 2007, the Democrat Congress including Senator Obama inherited DOW 14,000 and 4.4% unemployment from their predecessors.

[McGruff]

Should I focus my laser somewhere else?

[sappy]

The Left want exactly this. They want to make an accusation that its constituency will read above the fold and take for fact. The right defends themselves with exhaustive research to prove the accusation wrong and then blam, the left is already on to smear 8 by the time smear 1 is proven false.

[Iron Munro]

I like the cartoon. But I must point out that if the smaller hole represents a half billion, by comparison, the edge of the larger hole representing 1.85 trillion dollars in deficits under Obama ...at the scale in the drawing...would probably appear as a straight line. 1.85 trillion a big ass number.

The small hole is labeled "500 billion", not a "half billion".

The big hole at 1.85 trillion would only be 3.7 times as large as the small hole.

To be in scale the large hole, with a surface area 3.7 times the small hole, would have a radius just about two times the radius of the small hole. So to me the proportions look fairly close.

[barstoolblues]

Exactly right sappy. Because the Dems operate on the assumption that politics is war by other means. And they are conducting a war. As we speak. Listen to the rhetoric. Thats not the conduct of people engaged in a peaceful exchange of ideas.

[dogcaller]

I was looking at the Bureau of Labor Statistics chart for private sector unemployment from 2001 to 2011...interesting that unemployment between 2001 and late 2008 ran from the mid-four to the low-six range. Around the time of the 2008 election the unemployment rate began its current climb with the real increases beginning in November of 2008. Now the Barackistanis would have us believe this is a Bush increase but I believe that employers, knowing the probable policies of the president-elect, began to aggressively cut jobs in anticipation of the Poseur’s campaign against capital. By the time his presidency began we had a 7.8% unemployment rate and it has continued on this trajectory since then.

[maica]

They want to make an accusation that its constituency will read above the fold and take for fact.

An example today:

For the past week we have been told by "news" reporters that 70,000 construction workers have been laid off because of the hold on FAA funding.

Oops! Now that the impasse has been resolved, the corrected number has been reported: 24,000 jobs.

What I also want to know is how could 'reporters' go with such a ridiculous number in the first place, without saying to themselves: "70,000 jobs doing airport construction doesn't really sound possible, I better check it out."

[estrogen]

And why don't the Repubs get out there and say just what Byron York states.....we NEVER take them on we just let them lie. The uniformed then believe it.

[mozarky2]

I’m composing a letter to the editor of my statewide paper, but I need some FReeper help. What liberal columnists are pushing this same meme this week? (You know,Bush’s fault, BushBushBush...)! Seems like I’ve seen some columnists pushing this crap the last few days. Geez, what a herd mentality among the libs! Any help pointing out the liberals who are pushing this are GREATLY appreciated!

[Mr. Jeeves]

Truth doesn’t matter. “Bush’s fault” is something so many want to believe, and they won’t be told otherwise.

[SeekAndFind]

Well firstly, Obama himself keeps repeating this “I Inherited” meme.

See here:

http://www.washingtonpost.com/wp-dyn/content/article/2009/03/13/AR2009031303486.html

Then we have columnists in the NY Times (like Al Hunt) who repeat this meme. See here :

http://www.nytimes.com/2011/07/25/us/25iht-letter25.html

Terry McAullife repeats the meme:

http://www.thewashingtonnote.com/archives/2010/10/mcauliffe_ameri/

The Washington Post and ABC News, then does a poll that concludes that Obama inherited the colossal financial mess:

http://taylormarsh.com/blog/2010/07/postabc-poll-58-lack-faith-in-obama-to-make-right-desicions/

MSNBC’s Chris Matthews repeats the same thing :

http://www.striped-bass.com/Stripertalk/political-threads/68228-who-did-obama-inherit-economic-mess.html

Just as few examples I could find.

[Helotes]

It’s surprising to me that 9/11 isn’t mentioned, especially when the Obumers freely talk about the weather and the nuculer accident in Japan

[Para-Ord.45]

bm

[hattend]

BTTT