Barack Obama – The Four Year Nightmare (hopefully)
March 20, 2012 Leave a comment
I’m so sick of people downplaying the effect that Barack Obama has had on the American Economy while at the same time slapping president Bush in the face. There are plenty of criticisms I have of the previous administration, but they are so vastly trumped by the harm causes be Obama’s policies. For a president whose inaugural speech included the outright lie that he intended to reduce the debt/deficit, he has done the exact opposite at the most rapid pace in the history of our nation. Any outside objective observer might guess that this was sabotage based on the raw numbers themselves.
Fox News Reports:
From the time Bush took office in January 2001 to his departure on Jan. 20, 2009, the debt increased $4.9 trillion — from $5.73 trillion to $10.63 trillion. The debt now stands at $15.57 trillion, up $4.94 trillion since Obama took office less than four years ago.
When Obama was campaigning, he called the debt increase under Bush “irresponsible” and “unpatriotic.”
“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 — number 43 added $4 trillion by his lonesome, so that 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,” he told voters in North Dakota.
The federal budget Obama sent to Capitol Hill last month projected the debt to reach $16.3 trillion in 2012 and $25.9 trillion in 2022.
…and if your not in that bunker because your not satisfied with this candidate: More than shame on you, You’re on the other side.