black…MYstory

As I have said before, Bush’s bad  economic policies is going to haunt us for years to come.  Now, we can get a better idea of just how bad the damage really is.

The White House released the projected U.S. deficit for fiscal year 2009 and congratulations are in order:  Bush and company have set a new record — when the next president takes office, he will inherit a deficit of nearly $490 billion dollars.

The Bush crew blame it on a slowing economy and the cost of the economic stimulus package.  What they should be blaming is themselves.  Had they actually done the oversight that responsible government leadership does, we could have avoided the housing bubble bursting, soaring energy cost, failed banks, etc.  Had they actually had their eye on the ball instead of thinking that the way to stimulate an economy is to give more tax cuts to the wealthiest top 5%, we might have not seen him and his cronies squander  the $236 billion surplus he inherited after Bill Clinton left office and pile another nearly half-trillion in debt on top of that, to boot.

Oh, but wait, there’s good news: according to this same White House report, we would magically get a surplus three years after Bush leaves office.  Oh, never mind, they forgot to include the cost of the wars in Iraq and Afghanistan in this estimate.

So, in January 2009, Bush will be gone but, just like that hooker you shouldn’t have slept with, he’ll leave you an unpleasant reminder of your time with him.

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