Friday, May 08, 2009

Short Memories

I am getting e-mail by people wringing their hands about Obama spedning too much money. I am amazed about what short memories people have.

"The first thing (George Bush II) did when they got in office eight years ago was to eat through the nation's entire supply of seed corn, stored for them by those damn liberals, the Clinton administration. When (George Bush II) handed Bill Clinton the keys to the White House he also handed him a $290 billion deficit.

Eight years later, when Bill Clinton handed the keys to Sonny Bush he hande him a $231 billion budget surplus -- the greatest surplus in U.S. History.

Not only did those damn Clinton liberals manage a budget surplus but were at the same time able to pay down the national debt by a staggering 2.4 trillion.

Within two years the budget surpluses were gone, and the national debt was on it's way back up as the Bushies began borrowing again to make ends meet. By the time they left office they'd add another $5 trillion to the national debt. "

I am still having problems with the "hot link" so you'll have to copy and paste the link below. When I get back from vacation I will try to fix that problem. I just couldn't resist posting.

http://www.alternet.org/waroniraq/139869/how_is_it_that_the_wall_street_journal_editor%27s_have_absolutely_no_memory_of_the_last_8_years/

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