Wan't my meme, mine was the one about the $16 trillion coin, which was about demo-ditzes like Paul Krugman, who appear not to grasp the foundational nature of inflation.
And Bill didn't just raise taxes on the rich, he DID borrow against the trust fund, which for all real purposes is probably now at zero assets and full IOU notes, and if Congressional Democrats like Shumer and Pelosi could find a way to borrow against IOU's they almost certainly would, ad infinitum, because the alternative is to tell a bunch of public unions and special interests the borrow-and-spend party is over, and you have to cut the pizza account and start paying things down, which of course they would never do. SSTF borrowing is not moot, that does establish that it was heavily smoke and mirrors.
Obama ironically I'd admit had occasions during the bailout of real concern in his speeches, but he never stood up to anybody and said no.