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<blockquote data-quote="joelski" data-source="post: 2243583" data-attributes="member: 784940">deficits at the end of this year? http://online.wsj.com/article/SB10001424052748704320104575015072822042394.htmlMr. Axelrod wrote that no one is entitled to his own facts, even as he argued that George W. Bush is responsible for Barack Obama&#039;s deficits. He argued that Mr. Bush forced the hand of this administration by leaving office in the midst of a sharp recession.That argument won&#039;t fly for two reasons. First, at some point this administration has to take responsibility for itself. It&#039;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.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.</blockquote>

[QUOTE="joelski, post: 2243583, member: 784940"] deficits at the end of this year? http://online.wsj.com/article/SB10001424052748704320104575015072822042394.html Mr. Axelrod wrote that no one is entitled to his own facts, even as he argued that George W. Bush is responsible for Barack Obama's deficits. He argued that Mr. Bush forced the hand of this administration by leaving office in the midst of a sharp recession. 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. 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. [/QUOTE]

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