Cost of the G.W. Bush Administration: $11.5 trillion (user search)
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  Cost of the G.W. Bush Administration: $11.5 trillion (search mode)
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Author Topic: Cost of the G.W. Bush Administration: $11.5 trillion  (Read 2762 times)
Bleeding heart conservative, HTMLdon
htmldon
Junior Chimp
*****
Posts: 8,983
United States


Political Matrix
E: 1.03, S: -2.26

« on: January 25, 2009, 02:52:10 AM »

Also, of course these programs are perfectly solvent

LOL.

I feel like this is all I ever post anymore;

Bush ≠ the Republican Party

True, but he was the leader of our Party and we are being held accountable.

As everyone knows I am generally a supporter of the 43rd President and I am lampooned for it.  That's fine, it's life.  I believe he deserves a defense, as he accomplished some positive things, and certainly isn't the only culprit for many of the challenges we face today.

I am deeply concerned and embarrassed by the lack of fiscal discipline practiced while my own Party was in control of the White House and Congress.  The Republican Party forgot what the word "deficit" meant, and some leaders even tried to make us believe that large deficits were healthy.  As I have stated before, we believed we could have our cake, eat it too, and then reach into the future and eat our grandchildren's cake.  We deserve the wrath of history for these actions.

HOWEVER, one must note that the biggest long-term fiscal problem we face concerns entitlement programs.  Would we have expected a Republican Congress in 2002 to raise retirement ages or lower benefits.. and still be re-elected?  Bush had to promise to create a brand new benefit for Prescription Drugs in order to get elected in 2000... and, unfortunately, he kept that promise.
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Bleeding heart conservative, HTMLdon
htmldon
Junior Chimp
*****
Posts: 8,983
United States


Political Matrix
E: 1.03, S: -2.26

« Reply #1 on: January 25, 2009, 07:46:29 AM »

That would have been a lot cheaper if it hadn't favored Big Pharma over the taxpayers.

I suppose it would have been cheaper if we screwed those eeeevil pharmaceutical companies, limiting the amount of research and development that they can do, which causes more people to die quicker, which causes even less prescription drug costs.
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