POLITICAL observations & opinions

* Senator LeMieux, you should be ashamed of the misleading message in your recent email. But of course, if the people of Florida know the truth about our federal debt and other issues, they will never return you to office. One can only hope.

Posted by Lew Weinstein on August 6, 2010

U.S. Sen. LeMieux (FL,R)

I just received an email from George LeMieux (Republican U.S. Senator from Florida) which begins …

NATIONAL DEBT = $13,301,637,817,150.95 *
Debt per taxpayer (est.) = $119,913
Concerned?

.

.

.

Sen. LeMieux’s propaganda is hugely misleading.

Some facts are in order here …

  • DEBT IN THE CLINTON YEARS
    • When President Bill Clinton took office in 1993, the federal debt (adjusted to current dollars) was $4.2 trillion.
    • When Clinton left office 8 years later, the debt was $5.7 trillion, an increase of $1.5 trillion in 8 years, an average increase of $188 billion per year.
    • In his last year in office, President Clinton actually reduced the federal debt by $115 billion.

President Clinton handed over to Bush/Cheney a balanced budget which actually reduced the debt in the final Clinton year. Then Bush/Cheney blew the debt out of sight.

  • DEBT IN THE BUSH/CHENEY YEARS
    • When President George W. Bush took office in 2001, the federal debt (adjusted to current dollars) was $5.7 trillion.
    • When Bush left office 8 years later, the debt was $10.7 trillion, an increase of $5.0 trillion in 8 years, an average increase of $625 billion per year, roughly triple the annual (adjusted) increase of the Clinton years.
  • REASONS FOR BUSH/CHENEY DEBT INCREASES
    • The primary reasons for the increase in debt during the Bush/Cheney years were
      • the huge decrease in taxes paid by the most wealthy among us
      • the wars in Afghanistan and Iraq
    • All of these initiatives failed to accomplish their purposes
    • their negative fiscal impact has continued into the Obama presidency.

The Bush/Cheney debt increases were all for purposes that have damaged our country while failing to do anything to build for the future.

  • REASONS FOR OBAMA DEBT INCREASES
    • Since President Obama came into office, the federal debt has continued to increase.
    • Contributing largely to this increase are the continued impact of the failed Bush wars and the huge Bush tax cut for the wealthy, all of which Obama has begun to reverse.
    • In addition, Obama has incurred or will incur debt to
      • save the country from the most calamitous results of the elimination of financial controls begun by Ronald Reagan (and continued by both R’s and D’s from 1980 to 2008)
      • rebuild our country from the its multi-decade refusal (also both D’s and R’s) to face the real problems which will determine our national future:
        • education of our children and workers
        • healthcare for all
        • energy independence from Arab oil
        • infrastructure improvements: rail, roads, bridges
        • a climate we can continue to live in

The Obama debt increases are all for purposes which will build our country for our children and grandchildren, not tear it down as was done in the Bush/Cheney years.

The Democratic platform for elections in 2010 (and 2012)

has been clearly stated by President Obama:

Do you want to elect the Republican party that is primarily responsible for causing our problems or the Democratic party that is working to solving them?

The Republicans have VOTED NO on everything this country needs,

and have presented NO IDEAS of their own.

******

Senator LeMieux, you should be ashamed of the misleading message in your recent email. But of course, if the people of Florida know the truth about our federal debt and other issues, they will never return you to office. One can only hope.

******

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