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Bush vs Obama
Posted: Aug 20, 2010
- President Bush expanded the federal budget by a historic $700 billion through 2008. President Obama would add another $1 trillion.
- President Bush began a string of expensive financial bailouts. President Obama is accelerating that course.
- President Bush created a Medicare drug entitlement that will cost an estimated $800 billion in its first decade. President Obama has proposed a $634 billion down payment on a new government health care fund.
- President Bush increased federal education spending 58 percent faster than inflation. President Obama would double it.
- President Bush became the first President to spend 3 percent of GDP on federal antipoverty programs. President Obama has already increased this spending by 20 percent.
- President Bush tilted the income tax burden more toward upper-income taxpayers. President Obama would continue that trend.
- President Bush presided over a $2.5 trillion increase in the public debt through 2008. Setting aside 2009 (for which Presidents Bush and Obama share responsibility for an additional $2.6 trillion in public debt), President Obama’s budget would add $4.9 trillion in public debt from the beginning of 2010 through 2016.
NOT MUCH DIFFERENCE! - Researcher
[ In Reply To ..]They are ALL (Dims and Repugs) working for the international banksters to usher in their new world order. This thing goes waaay back, all the way back to President Woodrow Wilson and beyond!! EVERYONE should watch The Money Masters, a 2-part FREE video on Google video. It will REALLY open your eyes about how this country has been HELD HOSTAGE by the banksters aka the "federal" (IT'S NOT; IT'S A PRIVATE CORPORATION!) "reserve" (they have NOTHING in reserve!). BOTTOM LINE: Presidents (and many congrescritters) are PUPPETS who dance to the tune of their global masters.
So they both like to spend our money. Surprise, surprise. - nm
[ In Reply To ..]xx
The oligarchy - we are free to do what they tell us to do. sm - LVMT
[ In Reply To ..]A short clip of George Carlin on the invisible class. Some of the language is a little salty, but he tells it like it is.
http://www.youtube.com/watch?v=hYIC0eZYEtI&feature=related
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