l****z
发帖数: 29846 | 1 Wednesday, August 24, 2011
By Matt Cover
(CNSNews.com) – Although the national debt under President Barack Obama has
increased $4 trillion since he took office in 2009, as a presidential
candidate in 2008 Obama criticized then-President George W. Bush for adding
$4 trillion to the national debt, saying it was “unpatriotic” and also “
irresponsible” to saddle future generations with such a large national debt.
“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 dollars for the
first 42 presidents -- number 43 added $4 trillion dollars by his lonesome,
so that we now have over $9 trillion dollars of debt that we are going to
have to pay back -- $30,000 for every man, woman and child,” Obama said on
July 3, 2008, at a campaign event in Fargo, N.D.
Obama
President Barack Obama speaks in the State Dining Room of the White House in
Washington, Monday, Aug. 8, 2011. (AP Photo/Carolyn Kaster)
“That's irresponsible. It's unpatriotic,” said candidate Obama.
However, in less than three years in office, Obama has driven up the
national debt by $4 trillion himself.
According to Treasury Department figures the national debt was $10.62
trillion ($10,626,877,048,913.08) when Obama took office on January 20, 2009
. As of August 22, 2011, the most recent date for which data are available,
the national debt stood at $14.6 trillion ($14,612,435,498,338.62) and
rising.
When Bush entered the presidency in January 2001, the national debt was $5.
72 trillion ($5,727,776,738,304.64).
Due to the recent debt-ceiling deal, the national debt under Obama will
exceed the current $14.6 trillion level, running up more debt in three years
than his predecessor Bush accumulated in eight years. | l****z
发帖数: 29846 | 2 Did you notice who Obama threatened when he wasn't getting his way on
raising the debt ceiling?
He threatened to not pay: Social Security Retirees, Military Retirees,
Social Security disability and Federal Retirees.
He did not threaten to stop payments to illegal aliens. He did not
threatened to take frivolous benefits such as Internet access away from
violent inmatesHe did not offer to fire some of the thousands of unnecessary
federal employees that he hired. He did not offer to cut down on his or his
wife's frivolous gallivanting around. He did not threaten the food stamp
programsor foreign aid.
In fact, he did not threaten to cut back on anything that involves his base
voters! Obama is in full political re-election mode people! Why are we
allowing this person to destroy this wonderful country with his selfishness
and his lies? His type of change is killing our country. He needs to be
stopped and only our votes can stop him.
Vote Obama out of the Presidency in 2012. |
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