Saturday, August 07, 2010

Budget Civics


The Washington Post babbled again about Obama inheriting a huge deficit from Bush. Amazingly enough ... A lot of people swallow this nonsense. So once more, a short civics lesson and a look at what has happened with the budget in recent Fiscal Years.


Budgets are not controlled by the White House. They are controlled by Congress, and the party that controlled Congress since January 2007 is the Democratic Party. They controlled the budget process for FY 2008 and FY 2009, as well as FY 2010 and FY 2011. In that first year, they had to contend with George Bush, which caused them to compromise on spending, when Bush somewhat belatedly got tough on spending increases.


For FY 2009 though, Nancy Pelosi and Harry Reid bypassed George Bush entirely, passing continuing resolutions to keep government running until Barack Obama could take office. At that time, they passed a massive omnibus spending bill to complete the FY 2009 budgets.

And where was Barack Obama during this time? He was a member of that very Congress that passed all of these massive spending bills, and he signed the omnibus bill as President to complete FY 2009. Let's remember what the deficits looked like during that period: (see chart above) Let these FACTS about the deficit sink in.


If the Democrats inherited any deficit, it was the FY 2007 deficit, the last of the Republican budgets. That deficit was the lowest in five years, and the fourth straight decline in deficit spending. After that, Democrats in Congress took control of spending, and that includes Barack Obama, who voted for the budgets. If Obama inherited anything, he inherited it from himself. In a nutshell, what Obama is saying is I inherited a deficit that I voted for and then I expanded that deficit four-fold since January 20th, 2009.

***
Everyone enjoyed the First Friday of the Month Fellowship meeting at TLBC last night. I sang a special message in song with the guitar and preached an evangelical sermon. You may do a search for our church page "The Lord's Baptist Church" on Facebook. for info on the meeting.
***

No comments: