Another Record Deficit Is Predicted

When Democratic President Bill Clinton left office, he gave the incoming president a surplus of $128 billion. It only took George Bush one year to blow that surplus and return the U.S. government to deficit status. In fact, he has posted growing deficits every year of his presidency, and it is now predicted that he will leave the next president with the largest deficit the United States has ever had.

Bush took office calling himself a "small government" conservative, but his spending has been anything but conservative. The deficit for 2009 is now predicted to be a record-breaking $482 billion.

Bush is now blaming the bad economy and the "economic stimulus". I gues he's forgotton that the stimulus package was his own idea. And his cutting of taxes while spending record amounts has a lot to do with our current economic disaster.

Senator Kent Conrad (D-North Dakota) puts it well when he says, "If they gave out Olympic medals for fiscal irresponsibility, President Bush would take the gold, silver and bronze. With his eight years in office, he will have had the five highest deficits ever recorded. And the highest of those deficits is now projected to come in 2009, as he leaves office."

Of course, now the Republicans will try and convince Americans that it's the Democrats who are fiscally irresponsible. For Republicans, it's always listen to what we say and ignore what we do.