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This week, I've been writing a lot about budget numbers. While I've given a hard time to President Obama -- deservedly so -- it's also important to remember the fiscal recklessness of George W. Bush, whose financial mismanagement continues to haunt us.

Below, I've put together a chart showing the growth in spending on Bush's Medicare prescription drug plan, known as Part D, over the decade, based on data from the most recent Medicare Trustees' Report. Over the 10 year period from 2010 to 2019, the trustees project the program will cost the federal government $763 billion, which I've demonstrated in the chart below. But keep in mind that the years we're talking about in the context of Obama's latest budget are 2012 through 2021. Given that the program gets more expensive over time, it would probably cost about $900 billion in the comparable years.

We've been talking a lot about the need to reform entitlements to get the debt problem under control. Well, had Bush era Republicans simply done nothing about them, we'd be a lot better off right now.

View all comments (12) | Leave a comment

Grzmlyk| 2.17.11 @ 11:54AM

That is the problem with ALL Bushes - they believe as much in the nanny state as any liberal you care to name.

When it comes to domestic issues, conservative leadership was sorely lacking under Bush; he was fine with playing "kick the can down the road."

Are you listening, Jeb fans? Huckabee fans? Romney fans?

We have to stop pretending this country isn't imploding, and we have to stop punishing the doers so that the layabouts can continue to pick up a paycheck for whining.

Of course that is NEVER going to happen - not until this country is a pile of rubble. Because like lab rats trained to press the button for cocaine. we will not stop pressing the button for more government until we cease to exist.

Alan Brooks| 2.17.11 @ 3:12PM

What is worst of all is Rich Lowry, the Editor of the world's most important (that's not to say the best) conservative mag in the world actually endorsed Jeb recently- unless it was a joke (and it almost certainly was not).
How did Lowry get to be editor?

Larryk| 2.17.11 @ 11:56AM

What no Kiss?

RJ| 2.17.11 @ 12:15PM

I have never felt more betrayed by a politician than by George W. Bush. He campaigned in 2000 against nation building and implied that he would lean on government issues more towards Reagan than his father. Once in office, he turned out to be Lyndon Baines Bush. He was unqualified for the Presidency, as was Gore and Kerry. When appointments of his cronies, such as Alberto Gonzales and Harriet Miers were questioned, the White House response was that such concerns really amounted to being anti Hispanic and anti women. Bush was extremely weak in legislative relations, failing to get votes for many of his judicial appointments and oil drilling in Alaska.

From my perspective, Bush was a bumbler, unfit for office, who might as well have been a Democrat.

Bill Hussein O'Stalin| 2.17.11 @ 12:26PM

Bush was part of the ruling class and still is at this time. Don't fool yourself.

Washington, D.C. INC is still alive and well. There is a spin cycle rolling inside the beltway about the budget. While Boehner continues to hold his ground, when it all collapses W. Bush will still come in handy.

It will all be blamed on him while the spending continues. It's like a broken merry-go-round.

Too Many Tims| 2.17.11 @ 12:33PM

This thing only doubles in cost every eight years or so, it barely meets the definition of "government program".

John Carnal| 2.17.11 @ 1:21PM

Let's all just change the subject huh Philip. For God's sake when will you begin to stay focused on the here and now? Let's repeal and replace the Drug benefit right after we repeal and replace ObamaCare. Can I count on your support?

Intelligent Design| 2.17.11 @ 2:07PM

George W. Bush is guilty of burdening us with outrageous deficits and debt. But keep in mind that the Democrats gained control of Congress in January 2007, when the national debt was about $8.6 trillion. In the four years they controlled the House, and therefore federal spending, the national debt increased by 63% to $14 trillion.
Bush didn't do it all by himself.

Now Obama wants to drive our economy right off a cliff. His reckless plans would double the national debt to $28 trillion in less than 10 years.

Patriot| 2.17.11 @ 3:15PM

I will never vote for another Bush family member.

Sorry, Jeb.

topcat| 2.17.11 @ 4:04PM

When calculating the cost of Medicare Part D, isn't it necessary to net out the costs saved for Medicare as a whole? For example, in my case, absent the drug program I would have likely had two operations: one for a blocked artery and another for a slipped disc. Together, I estimate these would have cost $50,000. Instead, the government pays for drugs to the tune of $1,000 a year. So unless I live another 50 years, Medicare will save money .
I think there are many others like me and drugs that treat hypertension or diabetes or whatever, may save the government money overall.

Occam's Tool| 2.17.11 @ 8:13PM

Bolton in 2012.

LET'S VOTE FOR A GOLDWATER CONSERVATIVE!

Jack Kennedy| 2.22.11 @ 2:15PM

this shows the difference between a conservative and a liberal

- conservatives admit that President Bush did not do as advertised and spent, spent, spent and we admit that he hurt the nation with his rino/liberal policies ...... while liberals defend obama and attacks anyone who dares to point out the truth of the obama lies and hypocrisy

it just more of the - you are racist is you dont support obama

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More Blog Posts by Philip Klein

http://spectator.org/blog/2011/02/17/remember-bush-screwed-us-too

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