I won't pretend to understand this.
All I know for certain is that when W took office, our troops weren't in any wars, there was a budget surplus of $230Bn, oil was trading at $32/bbl, gas was $1.45/gal, and Russia wasn't at war with Georgia.
There's a wonderful cartoon over at C&L. Haven't yet learned html, so I'll verbally describe it:
Picture of Reagan.I'd like to pin the Little Ice Age (16th century - 19th century) on W, but can't seem to manage it and still maintain a semblance of intellectual honesty. Otherwise:
Caption: "Fiscal Conservative"
Result: down-arrow, "$200Bn+ deficit"
Picture of H.W. Bush
Caption "Fiscal Conservative"
Result: down-arrow, "$300Bn deficit"
Picture of Clinton
Caption: "Tax and spend Liberal"
Result: up-arrow, "$200Bn+ surplus"
Picture of W
Caption: "Fiscal Conservative"
Result: "$482Bn deficit"
Final frame:
Picture of McCain
Caption: "My friends, you'll be pleased to know I'm a fiscal conservative."
We've poured $600Bn down the drain that is Iraq.... oh, yeah:
Osama bin Laden (remember him?) is still at large.
Oil is trading at $120/bbl; gas-at-the-pump is hovering just under $4/gal.
... and now: Russia has invaded Georgia!
Michael Phelps set a world record in taking his first Gold Medal at the 2008 Olympics:Congratulations, Mr. Phelps!
4:3.84 in the 400m IM
Are we there yet?
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