Republicans, because of their successful self-branding as "fiscal hawks," are able to run up huge deficits. They've done this under all three recent Republican administrations. And then, when Democratic President X enters office, the Republicans blame the subsequent fiscal fallout on the Democratic administration -- you know, because Democrats always spend and tax too much. So Rove et al went nuts with big spending on tax cuts and wars, resulting in massive increases in long-term deficits and debt, and they're blaming President Obama for it. Why? Because they can. President Obama happens to be president now, even though he inherited this crap-on-a-stick from Bush/Rove. And Bush/Rove are exploiting the fact that voters aren't bright enough to see the larger picture.