Thursday, January 21, 2010

Karl Rove on Spending in WSJ

Now, I detest Karl Rove - I think he's one of the reasons (besides Cheney and Rumsfeld) that the Bush administration went off the rails, but when he's right, he's right.

This section highlights how much more spending Obama/Pelosi/Reid have done compared with the relatively modest spending spree under Republican rule. They saw the Republicans bet (of '01-08) and without blinking an eye, raised 'em 3 trillion dollars - in about a years time!

Neither is correct, and if the Republicans think that any gains they make this fall will last if they revert to form and don't control spending and earmarks, we'll be having this same conversation again, only this time the moron Democrats will be wresting control from hapless spendthrift Republicans.
in reference to:
"That argument won't fly for two reasons. First, at some point this administration has to take responsibility for itself. It's also not even close to accurate. Consider that from Jan. 20, 2001, to Jan. 20, 2009, the debt held by the public grew $3 trillion under Mr. Bush—to $6.3 trillion from $3.3 trillion at a time when the national economy grew as well. Related OpinionJournal Stories: Boston Tea Party Lanny Davis: Blame the Left for Massachusetts Reflections on Scott Brown's Senate Victory By comparison, from the day Mr. Obama took office last year to the end of the current fiscal year, according to the Office of Management and Budget, the debt held by the public will grow by $3.3 trillion. In 20 months, Mr. Obama will add as much debt as Mr. Bush ran up in eight years."

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