Waaaaah! It's All Bush's Fault

Alicia Powe | June 14, 2012
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Why is President Obama still blaming Bush for the weak economy and the soaring debt? Why is he rejecting all personal responsibility? It seems President Obama's key campaign strategy is to blame the Bush admininstration for everthing that goes wrong, and take credit for anything that goes right.

President Obama said the debt and deficit he inherited is "baked in" structurally: 

 

 "All of this stuff is baked in, with all the interest payments for it, it's like somebody goes to the restaurant, orders a big steak dinner, martini, all that stuff and then just as you're sitting down, they leave and accuse you of running up the tab," the president said at a fundraiser in Baltimore Tuesday.

Charles Krauthammer on Special Report examines Barack Obama's most recent explanation for why he isn't responsible for anything and why it's all Bush's fault.

 

"The problem with the president's analogy about the restaurant is that he left out the part where he sits down and then orders steaks and maritnis for the next thousand days, then sends you and I the bill."

The latest Reuters poll shows President Obam's approva ratings dropping significantly, especially among independents whose support is critical to Obama's reelection bid. According to the poll, only 35 percent of independents approve of Obama's job performance. Perhaps independents overwhelmingly disapprove of the president because they're turned off by his unwillingness to take personal responsibility and rely on the "it's all my predecessor's fault" strategy despite having been in power for three and a half years.

 Karl Rove, former Senior Advisor and Deputy Chief of Staff to President Bush, argues it shows the "contempt of the President of the United States for the intelligence of the average American.

"It is fine for him to try and blame it on President Bush or a Japanese tsunami or on ATM, but it makes him look weak, and the American people are not that dumb," said Rove. "That's now somebody who's in charge, that's somebody who's making excuses and we do not like to elect people President of the United States who are excuse makers, we want a president to be big and bold."

The National Debt, which is now $15.7 trillion, has increased more during President Obama's three years and two months in office than it did during eight years of the George W. Bush presidency, and federal spending has accelerated at an unprecedented rate.

The publicly held debt on the day Obama took office was $6.5 trillion. Today it's a whopping $11 trillion. Obama increased the debt by $4.5 trillion, or 70 percent in three years.

The total national debt increased by $4.899 trillion during the two terms of the Bush presidency. It has no gone up $4.939 trillion since President Obama took office.

The massive trillion dollar stimulus sprinkled on the economy has not left a trace and significantly contributed to the current debt crisis, a fact the President refuses to acknowledge.

The National Debt now exceeds 100 percent of the nation's Gross Domestic Product, the total value of all goods and services produced in the United States. 

   Chart - Deficit 2012(Credit: CBS)

Liberals unrelentingly and unfairly blame President Bush for not doing more to prevent the 9/11 attacks. Not once did Bush blame his predeccesor for the terrorist attack, despite the fact that President Clinton had the opportunity to capture Osama bin Laden on at least three separate occasions. He was president for merely eight months before the attack, Clinton was president for eight years.

The idea of saying the buck doesn't stops here and it's the other guy's fault is not an effective political strategy, as evidenced by the latest Reuter poll. President Obama should keep blaming Bush if he wants Romney to take his job. The liberal economic ideology of stimulating the economy by pouring borrowed dollars into government-run programs bears the bulk of the blame for the debt run-up.

 

 

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