"Mounting Debt Suddenly a Problem" by Jonathan Salant at Bloomberg

[applegrove]

Mounting Debt Suddenly a Problem

by Jonathan Salant at Bloomberg

"SNIP.........................................................

Now the deficit matters to Rove and Crossroads.

“While Europe is in the throes of debt-fueled economic crisis, President Obama keeps spending and charging more on the nation’s maxed-out credit cards,” said Steven Law, president of Crossroads GPS.

While the debt rose under Obama, almost half of it can be attributed to two Bush policies, his tax cuts and deficit-funded wars in Afghanistan and Iraq, according to the Center on Budget and Policy Priorities in Washington.


........................................................SNIP"

[Samantha]

1. Deficits matter to Rove as much as they bothered Cheney and we all remember what Cheney said

But the fact of the matter is, when Bush* left office, he left a 10.6 Trillion Dollar Deficit that he kept off the general ledger. This included the war in Iraq, Afghanistan and Medicare Part D.

We know who sat just down the hall from Bush* at that time. Karl Rove. So how come he didn't speak out then?

Answer: That was Then and this is Now.

To Karl Rove, deficits do not matter ....

Sam