Some of you keep repeating the idiotic left wing party mantra...its all Bush's fault. Simplistic and incomplete explanation and a convenient excuse to spend excessive amounts of our money under the guise of the recession. Short term spending may be (argueably) justified, but these are 10 year+ plans.
Do you realize the spending that has happened under Obama is more about getting long time left wing democratic agenda items passed rather than direct spending to stimulate the economy? People can't fathom the amount of money being spent. Obama will nearly triple our national deficit in the next 10 years with his plans. 10 years of yearly budget deficits in addition to the stimulus package and bailouts. This is from the congressional budget office. This spending goes way farther than trying to stimulate us out of the recession. its long term spending that fits with the Obama administration's overall big government agenda.
We need to stop the party bickering and see what is happening to our economy and monetary status under this administration and how they are printing and spending money we don't have, counting on the Chinese to finance our debt, counting on the feds to keep printing money, continuing irresponsible spending while they tell us to tighten up our belts. Bullshit. Obama hasn't even addressed social security yet with all his spending. It was the same with Bush too with his big spending ways which many of us criticized, Obama is just taking it to a different level.