Good Riddance

George W. Bush is comfortably ensconced back in Texas … making Laura’s morning coffee and licking his wounds. And I say, “Good riddance!” Clearly, our worst President can no longer run up huge budget deficits which our children and grandchildren will have no hope of repaying. He no longer can escalate military offenses in far away lands where American sons and daughters will go the die or lose their limbs. He can no longer gaff his way through unscripted press conferences and photo ops. He can no longer try to reward all this nation's illegal aliens with citizenship and Social Security benefits. He can no longer nominate people to his administration who are tainted with malfeasance or unethical pasts. He can no longer sully America’s standing with our foreign friends and enemies alike with his naïve diplomatic judgments. He can no longer reward his supporters with larded-up government spending. He can no longer ruin our economy with his constant doom and gloom predictions. He can no longer wage his petty “war on terror.” He can no longer endorse steps to alleviate global warming. He can no longer keep Guantanamo open so that peace-loving Islamists are constantly tortured and kept in subhuman conditions. And he can no longer fiddle-fart around while Rome burns.

Thank God for the wisdom of the American electorate.

The Piker

U.S. DEFICITS BY YEARS

Yes, George W. Bush took a budget surplus from the latter part of the Clinton administration and turned it into a deficit. This was the result of the bursting of the dot-com bubble, the 9/11 terror attack with its resultant financial meltdown, and then the wars in Afghanistan and Iraq. It was not the result of the Bush tax cuts as these did nothing but encourage economic growth and vigorous employment expansion up until the time of our current financial freeze-up (the reasons for which I will not argue here). But Bush was a piker when it comes to fiscal irresponsibility. As one can see from this chart, the Obama administration, under Rahm Emanuel’s leitmotif that “we should never waste a good crisis,” is pushing social spending and our federal deficits to undreamed-of levels … and this will occur despite a planned gutting of our defense budget. This chart shows the dramatically growth of deficits under the current Obama/Emanuel plan as projected by the White House and also the impartial Congressional Budget Office (CBO).

One picture is worth a thousand words.