Midknight Review -- new and revised: So you think that Bush is to blame for the sad state of the economy? Maybe you should read this.

President Bush expanded the federal budget by a historic $700 billion through 2008. President Obama would add another $1 trillion.

Note: actually, this estimates the year, 2009. This year must be shared by both Obama and Bush. Fiscal 2009 belongs to Bush, officially. TARP monies (700 billion) were spent during this time as was the Obama Stimulus - a trillion dollars after interest, the 2009 Omnibus bill of 430 billion dollars and an estimated 600 billion in Bush "regular" spending. Not a good year for the debt. Total spending for this fiscal year was well over 4 trillion in these and other expenditures. Since Obama, our gross [official] budget averages around 3.6 trillion. While 2009 was an anomaly, the same totals for Obama are not.

President Bush began a string of expensive financial bailouts. President Obama is accelerating that course.
President Bush created a Medicare drug entitlement that will cost an estimated $800 billion in its first decade. President Obama has proposed a $634 billion down payment on a new government health care fund.
President Bush increased federal education spending 58 percent faster than inflation. President Obama would double it.
President Bush became the first President to spend 3 percent of GDP on federal antipoverty programs. President Obama has already increased this spending by 20 percent.
President Bush tilted the income tax burden more toward upper-income taxpayers. President Obama would continue that trend.

President Bush presided over a $2.5 trillion increase in the public debt through 2008. Setting aside 2009 (for which Presidents Bush and Obama share responsibility for an additional $2.6 trillion in public debt), President Obama’s budget would add $4.9 trillion in public debt from the beginning of 2010 through 2016.

Note: in fact, Obama has spent 4.5 trillion in public debt through September of 2011. Deficit spending, because of Obama policies, from 2010 through 2016 is now estimated to be closer to 9 trillion dollars, nearly twice the Heritage estimate. Still think it is all Bush's fault?

All of the above - except for "notes" - is from Heritage.

The Stated Nonsense from the Left now includes these Progressive goals:

July 2, 2008, Obama had this to say: "We cannot continue to rely only on our military in order to achieve the national security objectives that we've set. We've got to have a civilian national security force that's just as powerful, just as strong, just as well-funded."

MICHELLE OBAMA: "Barack knows that we are going to have to make sacrifices; we are going to have to change our conversation; we're going to have to change our traditions, our history; we're going to have to move into a different place as a nation."

“ . . . . . . they have become a generation of activists possessed with that most American of ideas – that people who love their country can change it.” -- Obama the Radical

On September 30, Van Jones told MSNBC "I think everybody should hold onto your seats. October is going to be the turning point when it comes to the progressive fight back."

Midknight Review -- new and revised

So you think that Bush is to blame for the sad state of the economy? Maybe you should read this.

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