This is pretty deceptive for a number of reasons. Yes, a lot of these policies were indeed started by the Bush administration, but a lot of them were also started again by Obama. the “Bush tax cuts” for instance, were set to expire. Obama and the Democrats created new tax cuts, effectively extending the Bush tax rates – but these are still Obama’s tax cuts.
And the 2008 TARP and stimulus spending is something that the Democrats pushed hard for as well. So that’s $2809 billion that is spending agreed upon by Democrats and Republicans. If you add that to Obama’s spending you get a much closer pairing. If you add in the wars, which Obama has not only not ended but which he has complimented with a third war in Libya, you get even closer.
Tit-for-tat is stupid. Obama and Bush are both big spenders. Who cares? Bush was elected as a conservative who was theoretically supposed to limit government. He did a lousy job at that. Obama was elected as a liberal Democrat who was supposed to spend money during a recession. Yet here’s the New York Times lauding him as a tight-fisted fiscal conservative. It makes my head hurt.