Skip to comments.Biden Blames Bush Administration for Deficit
Posted on 09/29/2012 1:39:48 PM PDT by Steelfish
By Arlette Saenz
Sep 29 Biden Blames Bush Administration for Deficit
Joe Biden placed the blame for the ballooning deficit on the Bush administration today, arguing that the previous administration saddled the country with the burden of trillions of dollars in debt.
Lets get serious here! How did we get this debt? Ladies and gentlemen, they put two wars on a credit card. Not paying a penny, not paying a penny, even though I introduced legislation to pay for that war. They voted against it, Biden said at the Wa-Ke Hatchee Park Recreation Center. Two, they voted for a new entitlement program without paying one penny for it, and that was clear. Number 3, they added another trillion dollars in the tax cut for the very wealthy, so whats the result? These are the facts, folks, these are the facts.
The result was by the time the reins got turned back over to Barack [Obama] and me, they had doubled the national debt in eight years, doubled the national debt in eight years, Biden added.
Biden recounted that within the first week of being in office, Larry Summers, a top economic adviser to the president, warned newly inaugurated President Obama of the deficit the country faced.
We were sitting in the oval office, and Larry Summers, the chief economic adviser, and the economic team came in and said Mr. President, looking at this years budget you are going to have a trillion dollar deficit. He said, I havent done anything yet, Biden said. Im serious. They said, No, Mr. President, the budget they passed, the budget they passed in October of last year guarantees no matter what you do youre going to have a trillion dollar debt this year in the budget. A trillion dollar deficit to be precise. .
(Excerpt) Read more at abcnews.go.com ...
So who is being Goebbels?
The dumb white guy speaks. Sad to think zero needs him around to look good
Liars. Also, Obama and Biden were both part of the Democrat controlled Congress that passd the budget that was in effect when they took ofiice. Also, the deficit Obama’s 1st in office included his trillion dollar stimulus bill.
“Dumb white guy”.. That’s EXACTLY why 0bama chose him as his running mate; To make a mockery of what minorities perceive as the white establishment or good ol’ boys club.
They said, No, Mr. President, the budget they passed, the budget they passed in October of last year ...
Who is "they", Ol' Joe? The Democrat-controlled House, led by Nancy Pelosi? The Democrats controlling the Senate, including you, Hillary Clinton, and Obama?
His claim is BS however, his ability to raise Stupid to the level of being a Fine Art is on display in full force:
Im serious. They said, No, Mr. President, the budget they passed...”
Isn’t this a sentence you’d want to avoid if part of your job description is passing a budget but almost no one can keep track of the last time you actually did it?
romney response: i’m not bush and it’s been 4 years. what did you do? oh u made it worse
Sound bites are effective. Reasoned explanations of complicated topics are not.
even if it were true,
when is MORE the answer to TOO MUCH?
Looks like Joe has had too many of those free colonoscopies...they are beginning to effect his brain which is in close proxymity.
Yes, saw this on Fox earlier today.
Obamugabe says 90% of the deficit happened under Bush.
Obamugabe’s “budgets” cannot get a single vote by his own Democrats in the Senate.
Obamugabe voted FOR the budgets that created the deficits under Bush.
Obamugabe has been occupying the people’s house for 3.5+ years and has not yet cut the deficit in half as he promised.
Obamugabe is a failure.
I blame lax home loan rules created by Billy Boy and pure greed by Europe to purchase those shitty loans in bulk but what the hell do I know.
Here is a golden opportunity for the stupid party to get on message on sunday TV tomorrow and hammer the dims for this brazen lie.
Add in all the lies about Libya and you have a real issue here. The dims are not fit to run the country if they continuously lie to the American people like this.
Obama’s projected 10 year deficit starting in 2009 calls for a minimum trillion dollar deficit for every year for the ten. So Bush is responsible for a trillion dollar deficit in 2019? Looks like Obama and Biden have created an ex post facto blame game where any evil they do is forever attributable to their predecessor. Last time I had a guy in the unit I managed use this excuse for his poor performance, I fired him.
ABB - Always. Blame. Bush. - That’s good for the NEXT four years, too.
Nonsensical - not a single word of this is true. The wars were paid for - they did use a gimmick to pay them as supplementals and not on the regular budget - however - in either case how that was done back then has nothing to do with the CURRENT annual budget deficits in excess of $1 trillion per year.
And even if we were to assume that every single word of this is true - that they didn’t cause one bit of the mess they supposedly inherited from somewhere else - they obviously don’t know how to fix it. What good is that argument? Why vote for someone who didn’t cause a mess, but at the same time doesn’t know how to fix it so they can spend another 4 years claiming they inherited it?
LOL "they" passed? Who's "they", Mr. Vice President? - why that would be you, Obama, Pelosi, and Harry Reid - the Republicans could not pass a budget - they were not in control.
Biden just essentially admitted they inherited their own mess.
“”LOL “they” passed? Who’s “they”, Mr. Vice President? - why that would be you, Obama, Pelosi, and Harry Reid - the Republicans could not pass a budget - they were not in control. Biden just essentially admitted they inherited their own mess.””
I, along with everyone I know is so sick of this lying. The people they are spreading these lies to are too stupid to know they are being lied to. It’s so easily checked online - deficit at the end of GWB and NOW!!!! THEIR people must watch TV and they must see that accusation in every single speech and don’t they begin to wonder??? TWO WARS and a DRUG PLAN that weren’t paid for? They are trying to make it look as tho’ THEIR administration had to pay for those and THAT’S how the deficit was run up!!!!!
Isn’t it painful to be that stupid? I would think so!