Posts Tagged ‘inherited’

The economy Obama inherited

January 26th, 2010 | 2 Comments

A full year into Obama‘s four year term, he’s still passing the buck: “Today’s report from C.B.O. confirms that the recession inherited from the Bush Administration continues to erode the budget’s bottom line,” said Representative John M. Spratt Jr., the Democrat of South Carolina who is chairman of the House Budget Committee. From the start [...]

The economy Obama inherited

August 25th, 2009 | No Comments

Over and over and over, President Obama has reminded us that he inherited this economic mess we’ve got now. “By any measure,” he said during a March 4 event calling for government-contracting reform, “my administration has inherited a fiscal disaster.” The two chief architects of his “fiscal disaster” would be the person who decides which [...]