This is from today’s New York Times. Just because Obama is running for reelection it doesn’t mean he isn’t speaking the truth. This pretty much says it all:
At a campaign fund-raiser in Redwood City, Calif., on Wednesday, for instance, Mr. Obama said Republicans wanted “bigger tax cuts for the wealthiest Americans,” “deeper cuts” in Medicare and education, “even more power” for banks to do as they please, and fewer regulations that protect consumers. “But that’s not new,” he added. “That was tried, remember? The last guy did all this.”
He presented Mr. Bush’s record in caustic terms. “We watched a record surplus that was squandered on tax cuts for folks who didn’t need them and weren’t asking for them,” he said. “We saw two wars being waged on a credit card. We saw speculation in the financial sector, reaping huge profits for a few folks who were making bets with other people’s money, but it was a flimsy kind of success. Manufacturing left our shores. A shrinking number of Americans did really, really well, but a growing number saw falling incomes and stagnant job growth.”
via After Digs at His Predecessor, Obama Will Host Bushes at White House – NYTimes.com.