The president was handed the wheel of a Titanic, which has been “iceberged” by Bush’s eight years of deficits, deceit and privilege, including two wars fought on credit, massive tax reductions for those who needed no help and debt-funded bailouts of GOP-leaning investment banking firms and insurance giants whose business practices had caused a meltdown […]
Robert D. Allen
Posted inNews
‘Fiscal folly’
Twenty-two million jobs were created during that time under reasonable fiscal policies that did not require a single increase in the national debt ceiling while also balancing the budget and actually resulting in a budgetary surplus. The Clinton fiscal policies, if left in place, would have eliminated the national debt in 2009. The Bush administration […]