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Showing posts with label deficit Bush Clinton Obama. Show all posts
Showing posts with label deficit Bush Clinton Obama. Show all posts

Thursday, July 21, 2011

The Deficit Is Not Default of Obama

Greg Palast, Truthout: "Let's talk about how we ended up in this pickle, bucking up against the 'debt ceiling.' From 2001 to 2008, a Republican president took an annual surplus of $86 billion left for him by Bill Clinton and ran up the budget deficit to over half a trillion in a year ($642 billion in 2008). Altogether, George W. Bush blew up the national debt by over $3 TRILLION - then left the bills to Barack Obama."
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