So it's all Bushes fault....still?
I'm not a fan of his policies but for fucks sake, enough with MSNBC and the rest of the Left water carriers with the stuff running cover for Obama and the Democrats, enough. Put the big boy pants on and get to work, enough of this "providing cover" stuff, Bush has been out of office for good chunk of time now...time to move on.
The economy was creating record tax revenue, the problem was the Republicans spending like drunken sailors and starting wars. They could have balanced the budget and even produced a true, not projected, surplus but instead they spent it all and more. I'm just a bit confused, the "Big Evil Rich People Tax Cuts", according to the CBO, were good for 70 billion per year, otherwise known as pissing in an ocean. I also just love it that MSNBC had the graph tell us that Obama is only responsible for 1.4T and the "Recession etc" (REALLY? Etc?) is responsible for the other 3T. Pretty shady. Correct me if I'm wrong, but the guest actually stated that there was record revenue and all things being equal the Admin. would have had a surplus....but the wars, spending and "all the other stuff" happened.
The Clinton tax hikes only accounted for 1% of the overall increase in revenue during the 90's. There was a "booming" economy that accounted for the rest just like it always does. Plus Clinton never gets the balanced budget without the Rep. controlled Congress.
Straw, I get why your posting this, but I just roll my eyes when I watch it. What's the point? To run cover? To put up a grade school presentation level graph to hide how much Obama is really responsible for? What about ObamaCare? What about his spending? Projected spending as well.....So Bush ran up the credit card, now Obama is on pace to make Bush II look like a tightwad but we won't talk about that because Chris Matthews dug up another Republican to tell us something that isn't surprising.
I just, I don't know. I'm tired of this crap.