Saturday, October 28, 2006

Republican Congressman Blames Bush's Record Deficits On Clinton

Rep. John Sweeney (R-NY), who has a comfortable lead in his bid for re-election, brought some unnecessary attention to his campaign yesterday.

With former President Clinton in the district to campaign for Democrat Kirsten Gillibrand, Sweeney decided to engage in a war of words.

Clinton said the Bush administration and Congress turned a projected $240 billion surplus into a $250 billion deficit,following several years of
deficits of $300 billion to $400 billion.

In response, Sweeney said: "The deficit is actually a result of a recession that began in his administration."

Oh yeah, I forgot. Everything that has gone wrong in the six-plus years of the Bush Administration is ultimately Clinton's fault.

Sadly, the reporter covering Sweeney didn't bother to fact-check the quote. Way to be "fair and objective."

As the charts below, from economist Steve Stoft, show, "If one counts Social Security contributions as offsetting the deficit, then the 'deficit lite' has gone down by almost half, from $413 billion to $248 billion. But that's just a normal result of increased Social Security contributions, which ... are themselves an obligation that must be repaid. The real total deficit, the gross national deficit, is still near a record high."

6 Comments:

Anonymous whoop4467 said...

If you are now older than 50, then when you retire at 68/69 our debt will be so bad that there will not be any government money to pay for Social Security, Medicare, Medicade, the new drug payment policy or any other assistance because of the monetary policy of the current Republican Administration. This is one of the # one goals of this Administration is to bankrupt our nation so that no social programs of any type can operate at some point in the future.

If you are now under 50, then you will have no social programs available, no college tuition help, or any other government monetary help in about 10 yrs or you will asked to pay a very high rate of taxes to make up for the wastefull spending and monetary corruption that is going on at present with the current Republican Administration if the Adminstration in power at the time have any desire to provide some social programs.

If our current debt does not worry you, then you are asleep or you have been distracted by the Republican Spin Machine on Gay Marriage, flag burning or fearmongering!

1:48 AM  
Anonymous uppityperson said...

Yeah, and I sneezed during the Clinton administration, so every cold I get is the Clenis' fault too!

11:04 AM  
Anonymous TechBear_Seattle said...

Ignoring, of course...
That there WAS no deficit when Clinton left office and that there was, in fact, a record surplus that Shrub turned into a record deficit in record time.

11:04 AM  
Anonymous Bluzmann57 said...

Yawn

Like some say, "Same shit, different day." It's always Clinton's fault. The Detroit Tigers lousy fielding pitchers in the World Series was Clinton's fault. Paris Hilton being foisted on the American public is Clinton's fault. Everything negative in the history of the whole damn world is Clinton's fault.

11:04 AM  
Anonymous SoFlaJet said...

and this surprises no one

it's a great play-blame everything on Clinton-it's been working for the past decade for them.Another reason to NOT consider Hillary Clinton for '08-who wants to see all the same stuff dredged up again-not me.

11:05 AM  
Anonymous YOY said...

Gosh golly and gee whiz...

Rather funny how these deficity seem to grow astronomically in Republican years yet shrunk during the Clinton administration.

Obviously, the Clenis was taking credit for Poppy and Raygun's long term planning...

These people are f*cking idiots...

11:05 AM  

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