[[ what else would you expect a demotraitorcrat to say. ]]
<http://scottystarnes.wordpress.com/author/scottystarnes/> Hoyer Blames
Reagan and Bushes for Deficits, Says Policies Did Nothing to Grow Economy
<http://scottystarnes.wordpress.com/2011/01/05/hoyer-blames-reagan-and-bushes-for-deficits-says-policies-did-nothing-to-grow-economy/>
*Scotty Starnes
<http://scottystarnes.wordpress.com/author/scottystarnes/>*| January
5, 2011 at 5:30 PM | Tags:
Congress <http://scottystarnes.wordpress.com/?tag=congress>,
deficits<http://scottystarnes.wordpress.com/?tag=deficits>,
economy <http://scottystarnes.wordpress.com/?tag=economy>, national
debt<http://scottystarnes.wordpress.com/?tag=national-debt>,
President Bush 41<http://scottystarnes.wordpress.com/?tag=president-bush-41>,
President Bush 43<http://scottystarnes.wordpress.com/?tag=president-bush-43>,
President Reagan <http://scottystarnes.wordpress.com/?tag=president-reagan>,
Steny Hoyer <http://scottystarnes.wordpress.com/?tag=steny-hoyer> |
Categories:
Uncategorized<http://scottystarnes.wordpress.com/?category_name=uncategorized>|
URL:
http://wp.me/pvnFC-40l
This is the reason his party was voted out of power. Hoyer is a typical
lying Democrat who does not let facts stop his lies. The Democrat-controlled
110th and 111th set deficit records and the 111th spent more than the first
100 Congresses combined.
*(CNSNews.com<http://www.cnsnews.com/news/article/hoyer-blames-reagan-and-bushes-deficits>
)* - *In his last day as House Majority Leader, Rep. Steny Hoyer (D-Md.) put
much of the blame for America’s growing debt on past Republican
administrations, including former President Ronald Reagan*.
“Ronald Reagan came in and adopted an economic program that created* $1.4
trillion in deficits over the next eight years*,” Hoyer said in a Capitol
Hill press conference on Tuesday, where he appeared with other members of
the Democratic House Leadership.
*“George Bush continued those policies and added another trillion dollars to
the deficit," *said Hoyer. "Bill Clinton came in 1993 and we adopted a
PAY-GO (pay as you go) process.”
Hoyer warned that new rules that will be adopted by the incoming Republican
majority in the House of Representatives will lead to an increase in the
federal deficit. (The new Congress is scheduled to be sworn-in today, Jan.
5.)
Hoyer went on to say that the policies of Ronald Reagan not only increased
the deficit, but also did nothing to grow the economy and were responsible
for the recent economic downturn.
*“We will oppose these rules that will unfortunately return us to the fiscal
irresponsibility that was practiced under President Reagan, President Bush,
and the second President Bush, which put us deeply, deeply into deficit and
-- contrary to the researchers -- not only did not grow the economy but gave
us the worst economy we’ve seen since Herbert Hoover,” said Hoyer.*
“There is no free lunch," said Hoyer. "Supply-side economics that is argued
so fervently for by so many simply means that if you do less, you get more.
Nothing that I have done in my lifetime showed me that if I did less, I got
more. Nothing.”
Hoyer did not mention the* $3.2 trillion that the Congress has added to the
federal debt since President Obama took office in January 2009.*
But Hoyer claimed that repeal of Obamacare would add to the deficit, even
though the policy will not be fully implemented until 2014.
“Those rules that they're providing now say in effect that if you cut
revenues or if you eliminate health care or if you do about 10 other things,
that you don’t have to pay for it," he said. "Somebody will pay for it. It
will be our children and our grandchildren who will pay for it."
Ol' Steny is as senial as Nancy Pelosi. Since 2007, the Democrat-controlled
Congress added over $5 trillion to the national
debt<http://www.cnsnews.com/news/article/debt-has-increased-5-trillion-speaker-pe>and
unemployment
doubled <http://www.miseryindex.us/URbymonth.asp> under their failed
policies. Just ignore the facts and everything Hoyer said is true.
Continue reading and see the facts and
numbers>>><http://www.cnsnews.com/news/article/hoyer-blames-reagan-and-bushes-deficits>
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