Tuesday, January 3, 2017

Cottage on The Lane
 
President Barack Obama added roughly $7.917 to America’s national debt, which amounts to a 68 percent increase from the $11.657 trillion debt level President George W. Bush accrued by the end of his presidency,” reports Breitbart News.

Tragically, this sort of irresponsible debt spending is exactly what Obama ran in opposition to during his 2008 campaign:

While he was running for president, Obama criticized President Bush’s deficit spending, calling it “irresponsible” and “unpatriotic.” Obama said at a presidential campaign event on July 3, 2008:

“The problem is, is that the way Bush has done it over 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 for the first 42 presidents — 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. It’s unpatriotic.”

Obama, with what will be nearly $8 trillion tacked on to the national debt, has added by far more to the U.S. debt than any president in history.

You will not be the least bit surprised to learn that almost no one on the left has criticized Obama for his out-of-control debt spending. According to the left-wing media, debt spending is always good as long as it results in bigger government.


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