I was in a discussion today about why President Bush was bad, and I now have a new arguement to tell you why.
A $3.1 trillion budget. That’s 3,100,000,000,000 Dollars. I don’t know how he can think that this is good for the country. Considering the world is quite possibly about to slip into a recession, and that the government is throwing out money to try and stimulate the economy, with the same tax cuts in place that Bushie put in 8 years ago, things can only get worse from doing this.
What’s perhaps the most disturbing about this is that he has now announced that he realizes that as a result, the U.S. budget deficit would more than double. I may not have a degree in economics, but this can’t be good for the country, in the near term or in the long run. What ever happened to fiscal conservatism?