By Richard Billies of AllThingsPoliticalToday.com

I read an interesting analysis in the rising tide of red ink in America. Let me boil it down to one succinct sentence: “It’s all Bush’s fault.” With the recent report by the Congressional Budget Office on their estimate of the annual deficit and the unemployment rate, Ezra Klein of the Washington Post gave adetailed, rational explanation that absolves Barack Obama of all but $983 billion of the $4.7 trillion rise in the national debt.

Essentially, he says that it’s all Bush’s fault. Obama is only responsible for 20% of the huge increase in red ink. The guy who left the Oval Office is still spending money. If this is how the liberal left is going to spin the destruction of the United States economy during the election battle, Obama is a goner. No American with any kind of conscious thinking will buy this drivel.

You may remember Ezra Klein from this quote,“The issue with the Constitution is not that people don’t read the text and think they’re following it. The issue with the Constitution is that the text is confusing because it was written more than a hundred years ago.” Here’s the video of his performance on MSNBC. Does he really expect us to pay attention to a guy who thinks the Constitution has no binding power and was written a hundred years ago (it was actually passed on September 17, 1787, 223 years from Klein’s statement).

Klein absolves Obama of the greater portion of the rise in the national debt by blaming our increasing deficits on the Bush-era tax cuts and the expenses incurred from two wars. With that explanation, he really misses the point.

We don’t have a taxing problem in this country. We have a spending and regulatory problem. Forget for a moment all of the waste, fraud and abuse in the Federal budget. Put it aside. The real problem lies in the attempt by the Federal government to be all things to all people. We have become not only the “Mommy State” but also the “Daddy State”.

The relentless encroachment by the Federal government into every facet of American life is expensive. The bureaucracy has exploded in size as has their compensation. We have departments for everything in modern American life. We can no longer afford it. Our courts have distorted the Constitution like a pretzel, allowing the government to move into areas that the Founders always saw as non-governmental.

The endless regulations from every department in our government require an army of enforcement agents. In addition to the cost of the agents, we must realize that every regulation has a cost on our companies. The more regulations, the more costs.

What Mr. Klein has failed to take into account is the aggressive animal that the Obama administration has become. His attempted takeover of the American healthcare sector is the clearest example of this overreach.

Everything can’t be judged by dollars and cents. In the three years that Barack Obama has been President he has done very little for the economy as a whole. His economic stimulus package was targeted to Democrat constituent groups in order to generate loyalty and votes. Thus, we saw seniors get an outright bribe, union construction workers were paid off with infrastructure jobs and selected civil service groups were selected to receive special funding.

Where were the plans to revive the housing industry? Well, they don’t vote, per se? Instead, two automobile companies were rescued from bankruptcy with the law turned on its head to reward the automobile workers union. Where was the plan to increase employment in the manufacturing sector? That seemed to have gotten lost in the weeds. After all, the smart thinkers don’t believe in manufacturing anymore, right.

Anything that Barack Obama does or says from now until November must be considered suspect. Helping college students by threatening the universities is pure vote-pandering for the student. Attacking American exceptionalism and its rewards is pure vote-pandering to his base. Attacking Catholic religious institutions by forcing them to do things that are against their very foundation teachings might be a pander to far.

Just keep saying, “It’s all Bush’s fault.”

Richard Billies is founder and purveyor of  AllThingsPoliticalToday.com  and a frequent SNSPost contributor.  The opinions expressed in this article are those of Mr. Billies and not necessarily those of the SNSPost or its staff.