2009 Bush budget (all numbers estimated).
Total revenue - $2.7 trillion.
Total expenditures - $3.1 trillion.
Deficit - $407 billion.
Debt - $5.6 trillion.
2011 Obama budget (all numbers estimated).
Total revenue - $2.6 trillion.
Total expenditures - $3.8 trillion.
Deficit - $1.6 trillion.
Debt - $15.1 trillion.
Total revenue - down $100 billion (tough economic situation, plus revenues will continue to plunge, considering Obama is raising taxes on Businesses, Individuals, Oil Companies, etc.).
Total expenditures - up $700 billion (no excuse for that).
Deficit - up $1.2 trillion (Bush deserves some blame for that, but Obama deserves more - he voted for TARP, pushed the Stimulus, etc.).
Debt - up $9.5 trillion (once more, Bush deserves some blame for that, but Obama deserves more).
President Bush deserves some blame for our economic pitfalls, but the collective works of President Clinton (housing program led to crisis) and President Obama (idiotic spending continues to drive on crisis) deserve the blame for our economic pitfalls. Their actions speak louder than words, leaving America in a deep recession with a spending hangover.
Not to mention, congressional Democrats and President Obama have enacted several pieces of legislation costing hundreds of billions of dollars, in addition to increasing budgets in most if not all departments, while proposing trillions upon trillions more of government spending that failed in the legislature.
There is no comparison between President Bush or President Obama - Obama is one hundred times worse.
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