As Barack Obama assumes the mantle of the presidency and duties of the office, he has inherited from his predecessor a federal government that has a staggering national debt of more than $10 trillion, a ballooning federal deficit this year estimated at $438 billion – and a government that recently assumed responsibility for some $5 trillion of the nation’s consumer debt.
The irony is that George W. Bush, who billed himself as a conservative in the mold of Ronald Reagan, leaves a legacy of profligate federal spending, record debt and an economy in shambles.
A broad range of conservative thinkers, surveying the political and economic fallout of the two Bush terms, are openly voicing their concerns that it may take years for the Republican Party and the nation to repair the damage Bush policies have inflicted.
“Bush has added a staggering $32 trillion to unfunded government liabilities future generations of Americans will have to bear,” wrote the London Sunday Times’ Andrew Sullivan, a maverick conservative who described Bush’s economic policies as “fiscal madness.”
The huge spending increases came despite the fact that fellow Republicans controlled Congress for six of Bush’s eight years in office. And Bush did not veto a bill of any kind, including spending, until July 2006, and left office having cast the fewest vetoes of any modern president.
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“Giving Congress control over spending, without a check from the presidential veto pen, is like giving teenagers car keys and a bottle of whiskey and asking them to behave – they’re just not going to do it.”
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http://www.newsmax.com/headlines/bush_legacy_part_two/2009/01/20/173445.html?s=al&promo_code=7826-1
So, all you ultra-left-wingers should know that Bush was an old school liberal, spending until there was no tomorrow. What a chimp! He single-handedly ruined America. Congratulations Jorge! I'd venture to say this chimp was more left-leaning than Bill Clinton. What a country....