Blame Game: Tax Cheat Geithner Blames Bush...Again

Tim Geithner, the tax cheat who didn't need low tax rates to avoid paying taxes, seems to forget that President Bush has been out of office while Obama spent $3.6 trillion.

Geithner again says that it was "Bush's tax cuts" that caused our deficits. Never mind that the deficit was barely 1% of GDP in 2007 and will be hovering around 10% of GDP for the second year in a row under Obama. This reasoning, of course, implies that all of the money that would have gone to the government will be back in the government coffers come January, so we should again have a surplus next year. Let's see if that happens...