– Dick Cheney, speaking to Bush Treasury Sec. Paul O’Neill when O'Neill warned Bush and Cheney of a looming fiscal crisis in November, ‘02. Cheney ignored O'Neill and later fired him.
How simplistic. Bush should have used his veto pen more, however, the blame Bush thing doesn't get it here. There's Clinton, there's Bush and there's now Obama. There's Congress and the Fed. So many factors have gotten us here. And BTW, Cheney could have been referring to either trade or budget deficits. They are very different things.
This is a quote from a commenter on another blog along the lines of "two wrongs don't make a right":
"... because the previous administration may have had problems of its own, we’re supposed to ... quietly accept the 'people in glass houses' lecture and not say anything more or understand that what [Obama and his administration] are doing is actually okay, because ‘Bush did it too’? Well, unless you can provide a clear historical example of how the methods employed by the present administration will result in an overall economic improvement, I’d say that ... you really aren’t saying anything at all."
Reminds me of kids blaming each other - "he started it". My dad used to say "I don't care who started it, I'm going to finish it!"
"You know, Paul, Reagan proved deficits don’t matter"
ReplyDelete– Dick Cheney, speaking to Bush Treasury Sec. Paul O’Neill when O'Neill warned Bush and Cheney of a looming fiscal crisis in November, ‘02. Cheney ignored O'Neill and later fired him.
This is why we are where we are.
How simplistic. Bush should have used his veto pen more, however, the blame Bush thing doesn't get it here. There's Clinton, there's Bush and there's now Obama. There's Congress and the Fed. So many factors have gotten us here. And BTW, Cheney could have been referring to either trade or budget deficits. They are very different things.
ReplyDeleteThis is a quote from a commenter on another blog along the lines of "two wrongs don't make a right":
ReplyDelete"... because the previous administration may have had problems of its own, we’re supposed to ... quietly accept the 'people in glass houses' lecture and not say anything more or understand that what [Obama and his administration] are doing is actually okay, because ‘Bush did it too’? Well, unless you can provide a clear historical example of how the methods employed by the present administration will result in an overall economic improvement, I’d say that ... you really aren’t saying anything at all."
Reminds me of kids blaming each other - "he started it". My dad used to say "I don't care who started it, I'm going to finish it!"
Our dads were so wise!
ReplyDelete