Monday, January 25, 2010

New Idea for Democrats: Blame Bush

'Democrats would not be playing the blame game with one another for the loss or for the healthcare debacle if they had only pointed fingers at those (or in this case, the one) who put Americans (and most of the world) in the predicament we’re in: George W. Bush.

It is under his disastrous tenure in the White House that health insurance premiums nearly doubled for the average American family and the number of uninsured skyrocketed. It was under Mr Bush that the deficit spiralled out of control as we fought an unnecessary and endless $3,000bn war in Iraq and enacted the largest unfunded entitlement programme in history with the Medicare prescription drug benefit. It was Mr Bush’s economic team that worshipped at the Church of Deregulation and was asleep at the wheel as banks and insurance companies became too big to fail.'

Yes, where were the Democrats during the Bush years? I'm sure you don't remember any Democrat finger-pointing during the Bush administration. I sure don't. I don't remember any Democrat finger-pointing about Iraq, debt overhang, unfunded entitlement programs, Katrina, treating allies badly or anything. They sat there mute for eight years because they are just so virtuous and trusting and naive. They kept quiet because they are not just humane but patriotic. Uh huh.

Actually, it is funny, because the one thing I don't remember the Democrats screeching about was the danger of weak mortgage lending criteria. And you know, I'm pretty sure I'd remember something like that. Given that there would not have been a bank crisis if the mortgages that were securitised were good mortgages, that is pretty important too.

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