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He'll SAY anything. Look at what he DOES. In 2004 Obama said the "monstrous" deficits were "an enormous problem" when the deficit was $413 billion. In 2008 ...
Our current national debt is $18.1 Trillion. Obama has two more years in
office. He has added $7.5 Trillion to our national debt since he took
office 6-years ago.
+inboxnews Putting the country in debt is only evil when a republican does it. It's magically ok when a democrat does the same thing. That's liberal logic. As long as liberals get their mediocre affordable healthcare, they could care less if Obama renews Bush's patriot act or continues the unconstitutional wars which Obama himself called the "failed foreign policies of the past 8 years".
Before Obama went into office in 2008 how much debt was there?
8 trillion
Obama. How much are we in debt today (2014) ?
About 15 trillion.
Hmmmm lemme think. Who does the spending now?
+mrscorie 9 trillion when out by the fed central bank 2008/2009 and they did QE printing a 100 billion each mo for 6 years and they have rates at 0 for 7 years now . year 2000 rates where at 6.53 . the fed central bank took over the money system on dec 23 1913 the fed act in the USA
Actually the debt was 10.8 trillion when Obama took office. And the Congressional Budget Office projected that had 8 trillion dollars in deficit spending that carried over from the previous administration. What that means is that even if Obama didn't sign one spending bill 8 trillion dollars was going to be added to the debt while h was President. If you look at new spending under Obama he increased the debt by 1.4 trillion. He has by far spent less money than Bush. Under Bush unemployment was low so he had more money to pay for his spending. None of his spending policies expired when Obama took office so when unemployment jumped past 8% we had less money to pay for that spending. About 600 Billion dollars less.