Boehner pushes spending "binge" Big Lie in Deficit Reduction diatribe on Obama

[Bill USA]

Boehner was doing what he does best: lieing, obfuscating and demonizing of his opponent.

Boehner's speech Monday night was purportedly about dealing with the Deficit but which he turned into an general attack on Obama. Boehner repeated the Big Lie "spending binge" three times in his attack. He used this term to characterize the spending Obama has done which in reality was necessary to keep the Republican Trickle Down Disaster from descending into the Second Great Depression. Obama hardly had any option to continuing and expanding the TARP (intitiated by Bush) and passing stimulus bills to try to provide some demand to keep the economy afloat.
http://www.cnn.com/2011/POLITICS/07/25/boehner.speech.transcript/index.html?eref=rss_latest&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fcnn_latest+%28RSS%3A+Most+Recent%29


I guess Boehner, being a Republican, knows his disinformation techniques well - he is a master at it - but people would have to be incredibly stupid to think Obama really had any options open to him - unless of course he would have been satisfied to watch the REPUBLICAN DYSTOPIA become the Second Great Depression.

The Trickle Down Disaster produced losses in revenue that amount to about 30% of the current deficit. The cost of the TARP represents about 17% of the deficit. The Bush tax cuts represent about 26% of the deficit. Measures to deal with the economic damage done by the Trickle Down Disaster (what Boehner calls a "spending binge") equals 14% of the deficit and two wars financed with debt comes to about 13% of the deficit. We should not forget that when Bush took office, we had a surplus.

http://www.cbpp.org/cms/?fa=view&id=3036">Critics Still Wrong on What’s Driving Deficits in Coming Years Economic Downturn, Financial Rescues, and Bush-Era Policies Drive the Numbers

[applegrove]

1. Thanks. That was great.