The President's Decade of Profligacy: Obama's, or Bush's?

Keith Hennessey responds directly to President Obama’s accusation of a ‘decade of profligacy’ as the fault of his predecessor. “If I measure President Bush for the nine year period 2001-2009, thus assigning almost all TARP spending to his Presidency, I get an average budget deficit of 2.7% of GDP.” Obama? Kinda more.