Quote Originally Posted by .blank cd View Post
And do you know what that means? Or do you think the US is just in a whole bunch of Visa and Discover card debt?
Obama said that Bush was "unpatriotic" for rising the debt to 9 Trillion (a 4 Trillion dollar increase). Obama is responsible for 7 Trillion in new spending, and more by the time he leaves office (because the Deficits are continuning to rise.) Remember that thread where you claimed he had lowered the deficit because he spent less? Well that just go erased, like I said it would, because they are ALWAYS way way off about deficit projections.
Quote Originally Posted by Obama 2007
"The problem is that the way Bush has done it in the last eight years is to take out a credit card from the Bank of China in the name of our children, driving up our national debt from $5 trillion from the first 42 presidents. No. 43 added $4 trillion by his lonesome. So we now have over $9 trillion of debt that we are going to have to pay back. $30,000 for every man woman and child. That's irresponsible, that's unpatriotic,"
This isnt the thread to debate Obamas politics, its about the congress refusing to cut spending that is vastly more than it was 5 years ago.