Hot Air: "Obama claim that Bush is 90% responsible for current deficit gets 100% of Pinocchios at WaPo." Here's the conclusion from Kessler's analysis:
We are not trying to make excuses for the fiscal excesses of the Bush administration — and Congress — in the last decade. But at some point, a president has to take ownership of his own actions."Take ownership"? Oh that's rich. Anyway, after - what - three years of different variations of this theme, it's sure nice that somebody in the media notice that Obama lies about the deficit. And only six weeks from the election.
Obama certainly inherited an economic mess, and that accounts for a large part of the deficit. But Obama pushed for spending increases and tax cuts that also have contributed in important ways to the nation’s fiscal deterioration. He certainly could argue that these were necessary and important steps to take, but he can’t blithely suggest that 90 percent of the current deficit “is as a consequence” of his predecessor’s policies — and not his own.
As for the citing of the discredited MarketWatch column, we have repeatedly urged the administration to rely on estimates from official government agencies, such as the White House budget office. It is astonishing to see the president repeat this faulty claim once again, as if it were an established fact.
Extra - Emily Miller: "The pass-the-buck president."