Tuesday, February 9, 2010

An extra $1.6 billion, I mean trillion

Several weeks ago, Veronique de Rugy called out Karl Rove for not being completely honest about the Bush White House's contribution to the current fiscal situation. But here, she addresses the claim that all of the budget deficits currently projected for the next 10 years were inherited.

To do this, she generously assumes all of the 2009 spending and the growth of that spending, including the spending requested by the Obama White House in February 2009, is Bush's fault entirely. She then isolates the growth in spending over the next 10 years based on budget requests made by the White House since February 2009. The result? An extra $1.6 trillion in spending over the next 10 years.

Hmmm. Maybe that's why the tea party folks and the establishment Republicans are getting along so well.

No comments:

Post a Comment