ZEE-RO...

This country, the economy, is essentially going through a managed bankruptcy.  When GW took over as President, he had a projected surplus of $5.6Trillion.  The problem with that is that the projections went out to 2011.  Had he stayed the course with the economy and not instituted tax-cuts and rebates, begun 2(two) wars, & ignored the information about the banking industry, the economy might have taken a hit with 9/11, but surely would not have tanked the way it did.

Instead, Bush sent surplus "Rebate checks" to all tax-paying Americans.  While $300 can be a great help, he didn't have the money to spend, yet spent it anyway. Started a war with Iraq to finish what his dad started, and did so while lying to the American public.  Then he and Congress put into effect an even more revenue sucking policy when he instituted the across-the-board tax cuts.

So, if you understand that the Surplus was not to have taken full effect until 2011 or 3 years after he left office, the argument could be made that he ran up debt and had no intention of paying it back.  Bush actually inherited a deficit of $5.7 Trillion that was on its way down because of the policies of Clinton.  Bush had the debt ceiling raised 19 times during his tenure.  Contrary to popular belief, the debt ceiling is like your credit card bill - you are paying for things you already bought.
Again, the problem is that Bush bought and gave away money he didn't have i.e., War in Iraq, War in Afghanistan, Rebates & Tax Cuts.

The Bush Tax Cuts eliminated Revenue necessary to pay for the other things he was doing.  Kind of like - Going out to buy a Mercedes the day you get fired and having no other job lined up.  Unless you are part of the Wealthy and dare I say, ruling class, there is a problem here. When Bush left office, the National Debt was $10.6Trillion.

When Obama came into office, he inherited these tax cuts, the two wars and the added burden of bank failures and subsequent job losses.  Yes, a lot of the job losses happened after Obama came in.  Think about it, if you are trying to maintain your business and you see your revenue going down, does it happen over night?  Not really.  It happens over time and in that time, you are doing everything you possible can to regain the revenue you see dropping off.  It takes a while for you to realize you are going to have to cut some of your employees to maintain your business or if you are one of the unlucky ones, you may have to shutter your business altogether.  Is that the fault of the guy who just came into office?  I don't think so.  This was a slow decline.  The guy who just came into office, just happened to be on watch when it hit bottom.

At every level, Government requires revenue to maintain the services that every one of us depend upon. If that revenue is cut off at the knees, well, you can extrapolate from there.

What President Obama has done in the span of essentially 3.5 years is place a tourniquet on the bleeding artery and stabilize the patient.  Even Bill Clinton believes that no other President could have completely turned the economy around in such a short timeframe.

So here's my question:  If you have staved off the bleeding, added thousands of jobs for the last 30 months and ended 1 war while ending the other, would you want to stop that progress and start over with someone who doesn't see it that way?  Wouldn't that be like being in the middle of a project at work and having it partially completed when your boss leaves, a new one comes in and trashes everything you've done, and all the hours you have put into it and all the research and progress you have made is thrown by the wayside in favor of a totally direction?  Only problem is, your new boss doesn't share with you what that new direction is.

Why would we want to start back at ZEE-RO when we have already come this far and it's working?  I know I don't.