29 May, 2012

The reality behind Obama and Bush’s ‘spending binge’ - The Washington Post

The reality behind Obama and Bush’s ‘spending binge’ - The Washington Post: But Republicans don’t want to admit that they bear substantial responsibility for the economic policy of the last few years. If they did, then it would be hard to argue that the economy’s performance in 2010 and 2011 is all Obama’s fault. And the Obama administration doesn’t want to clearly say that we should have been spending more in recent years, even if that’s what they believe, and what they proposed, because it polls poorly. And so here we are.