It's too bad that politicians can openly lie to the public either by saying something or omission. When the President of the United States says something on national tv, the uniformed believe him.
"Well, here's what happened. We had a surplus when Bill Clinton was president," Obama said. "It was projected to continue to be a surplus. We decided to launch two wars on a credit card. We cut taxes twice without finding offsetting costs for it or ways to pay for it, a prescription drug plan and then we had a massive recession."
We are lead to believe when Clinton left office there was a surplus, no national debt. There was, "a budget surplus" of $260 billion created by a republican congress, republican senate, and President Clinton. The national debt when Clinton left office was $5.7 trillion.
When GW Bush left office in January 2009 the national debt was $10.6 trillion, if you look at one of Jim C's famous graphs you'll see an upsurge in 2007 that continues to today, that's when the democrats Nancy and Harry took control of the congress and senate. Obama called GW Bush "UnAmerican' for a $4.9 trillion rise in national debt in 8 years.
Obama has been President for 3 years and 9 months. The national debt today is $16.04 trillion, or $5.44 trillion since he took office. His credit card. If Bush was UnAmerican, what is Obama?
" we don't have to worry about it short term," Obama said.
Our debt is larger than our GDP, when exactly do we start to worry?
"Well, here's what happened. We had a surplus when Bill Clinton was president," Obama said. "It was projected to continue to be a surplus. We decided to launch two wars on a credit card. We cut taxes twice without finding offsetting costs for it or ways to pay for it, a prescription drug plan and then we had a massive recession."
We are lead to believe when Clinton left office there was a surplus, no national debt. There was, "a budget surplus" of $260 billion created by a republican congress, republican senate, and President Clinton. The national debt when Clinton left office was $5.7 trillion.
When GW Bush left office in January 2009 the national debt was $10.6 trillion, if you look at one of Jim C's famous graphs you'll see an upsurge in 2007 that continues to today, that's when the democrats Nancy and Harry took control of the congress and senate. Obama called GW Bush "UnAmerican' for a $4.9 trillion rise in national debt in 8 years.
Obama has been President for 3 years and 9 months. The national debt today is $16.04 trillion, or $5.44 trillion since he took office. His credit card. If Bush was UnAmerican, what is Obama?
" we don't have to worry about it short term," Obama said.
Our debt is larger than our GDP, when exactly do we start to worry?