Obama’s and Bush’s effects on the deficit in one graph – Ezra Klein – The Washington Post
What’s also important, but not evident, on this chart is that Obama’s major expenses were temporary — the stimulus is over now — while Bush’s were, effectively, recurring. The Bush tax cuts didn’t just lower revenue for 10 years. It’s clear now that they lowered it indefinitely, which means this chart is understating their true cost. Similarly, the Medicare drug benefit is costing money on perpetuity, not just for two or three years. And Boehner, Ryan and others voted for these laws and, in some cases, helped to craft and pass them.To relate this specifically to the debt-ceiling debate, we’re not raising the debt ceiling because of the new policies passed in the past two years. We’re raising the debt ceiling because of the accumulated effect of policies passed in recent decades, many of them under Republicans. It’s convenient for whichever side isn’t in power, or wasn’t recently in power, to blame the debt ceiling on the other party. But it isn’t true.
By Ezra Klein | 01:00 PM ET, 07/25/2011
Obama’s and Bush’s effects on the deficit in one graph – Ezra Klein – The Washington Post
[hat to John Fleck]
Today, just one year after leaving office, the former president [DUHbya – spit on the ground] has found himself in the bottom five at 39th rated especially poorly in handling the economy, communication, ability to compromise, foreign policy accomplishments and intelligence. Rounding out the bottom five are four presidents that have held that dubious distinction each time the survey has been conducted: Andrew Johnson, James Buchanan, Warren G. Harding, and Franklin Pierce. 
