Once again, the president has been attacking the Republicans for the last eight years, as if still in campaign mode.Â And yet he was in Washington for four of those eight years, so I’m wondering what he did in that time to confront those problems, particularly the deficit.
I mean, here he is blaming the GOP, yet did he ever propose a budget without such deficits?Â Did he offer amendments to trim the size of federal appropriations?
And yet in his press conference he acts as if he were not in Congress when the deficits were increasing and debt was accumulating:
. . . when I hear that from folks who presided over a doubling of the national debt, then, you know, I just want them to not engage in some revisionist history. I inherited the deficit that we have right now and the economic crisis that we have right now.
And even as he decries those deficits, he’s putting forward a package which will increase it, as if to leave his successor with an even higher level of federal debt than that he inherited from his predecessor.Â So much did I like Ed Morrissey’s thoughts on the matter (that I had linked, but not included, in previous post) that I include them here:
Obama tried a couple of times to lay the deficit off on the Republicans, but more than half of that deficit came from the bailouts of last year, which the Democrats pushed through Congress.Â Republicans balked at the massive TARP program, which Obama criticized in his press conference last night.Â The Bush administration didn’t partner with Republican leadership to get that passed; they had to get the Democrats to pass it, and Democrats have controlled Congress for the last two years.Â And the economic crisis came from the collapse of the housing market bubble created by the kind of intervention Obama proposes.
It’s too bad the president can’t acknowledge his own part in the situation he “inherited.”Â And if deficits are truly a problem, why is he seeking to expand rather than reduce them?