No. of Recommendations: 1
Let me modify my closing remark to That's about $3.6 trillion of the $5 trillion you mentioned.

It's not as if a president's policies stop having an effect on the economy the day after he leaves office, or even when his last budget fiscal year ends. This is easy to demonstrate for Bush because of the ongoing cost of two wars, the Bush tax cuts and the Medicare bill. That's a lot on the credit card. How much of those ongoing expenses should Obama be held responsible for?

This shouldn't be difficult to understand.
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement