Friday, February 6, 2015

Say Mr. Hennessey, who was economic adviser from 2002 to 2009?

Keith Hennessey is the former Assistant to the U.S. President for Economic Policy and Director of the U.S. National Economic Council. He was appointed to the position in November 2007 by President George W. Bush, and served until the end of Bush's second term in office. Mr. Hennessey served in the White House since August 2002, when he was appointed to his previous position of Deputy Assistant to the U.S. President for Economic Policy and Deputy Director of the U.S. National Economic Council. He is currently a research fellow at Stanford University's Hoover Institution.

Keith Hennesey, expert on moderate fiscal Democrats.  Let's look at the grey bar from 2002 until 2009 when Keith was in charge.  Lets' see, debt went from 35% of GDP to  55% of GDP, and he left us with the biggest crash since, well, Reagan. In fact, lil Bush's record on deficit reduction is a nightmare compared to Obama. Obama has reduced the deficit faster than any president since the Nixon monetary shock.  Waddya know! If Mr. Hennessey can produce one single Republicn president who has reduced the deficit, I might just shout for joy.

Remember our famous Dick 'Deficits don't matter' Cheney?  The boss of lil Bush I hear.  Republican fiscal policy has been a continuing nightmare for the economy.

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