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kentuck

(111,110 posts)
Fri Oct 26, 2012, 11:19 AM Oct 2012

George W Bush did a great job for conservatives...

...Unfortunately, he did a terrible job for America.

Bush and the Repubs said a balanced budget was not good for this country.
Alan Greenspan agreed with them. So they went on a spending and tax-cutting
binge. We all know the rest of the story.

But Bush was a great conservative because he created a political reality that
made it impossible for Democrats to continue supporting the social safety net
they had created over the years. Furthermore, he created a low revenue base
that made it almost impossible to raise taxes for any purpose. Even many Democrats
were supportive of the low tax cuts.

The "less government" Republicans got their life-long wish. Democrats have been forced
to adapt to the new conservative economic theology. In that respect, George W Bush
has been a great success story for the conservative movement.

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George W Bush did a great job for conservatives... (Original Post) kentuck Oct 2012 OP
This is Clinton's fault! ffr Oct 2012 #1

ffr

(22,674 posts)
1. This is Clinton's fault!
Fri Oct 26, 2012, 11:36 AM
Oct 2012

I remember in 2001 the dilemma of what to do with the Clinton budget surpluses. America got distracted and complacent, letting Bush and his cronies to redistribute the wealth, instead of continue paying down the debt...which the CBO forecast said, would be paid off by FY 2010.

So instead of Total U.S. Public Debt of $0.00 in 2010, Bush handed America $10.6T in new debt. Bush owns all of it!

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