disingenuous

There is no justification for the wreckless fiscal policy of the Bush administration especially since it was done under the banner of conservatism. His policies have given the democrats tremendous power and freedom to enact far reaching legislation under the rationalization that the conservative principles of the Bush administration were a failure. The truth is that on the spending side, the Bush administration was a failure and was far from fiscal conservatism. On the other side, the revenue aspect, the last eight years were a remarkable success. Every year the revenues taken in by the treasury far exceeded the projections and this was due to his tax policy. The tax cuts implemented by Bush strongly stimulated the economy resulting in the strong inflow of taxes.
Having said that, I must say that Obama-Pelosi and the democrats are completely disingenuous. They basically say that the economy is in the current state due to the the policies of Bush and his tax policy. This is a blatant lie and Obama-Pelosi are intentionally, with full knowledge perpetuating a lie in order to advance their agenda and reverse the Bush policies.
The state of the economy has nothing to do with the Bush tax cuts and is purely due to the deleveraging that is occurring as credit is reduced and the housing market corrects. An unfortunate excess of the economic cycle perpetuated by lack of adequate oversight and the credit frenzy perpetuated by both parties.
To lie to the American people and say the economy is in the condition it is in due to Bush's tax policy is misleading and disingenuous. I believe that the proposed tax increases will further handicap the economy as the redistribution of wealth continues. Somehow I think Obama understands this. He is too bright not to see the evidence of the revenue stream brought in by the last administration. He has to be more about Obama and not Obama-Pelosi. I think with time he will move away from the far left Pelosi crowd towards the center and use tax policy to stimulate the economy.