Tuesday, March 20, 2012

National Debt Has Increased More Under Obama Than In Bush's Eight Year Presidency

From CBS News:

The National Debt has now increased more during President Obama's three years and two months in office than it did during 8 years of the George W. Bush presidency. The Debt rose $4.899 trillion during the two terms of the Bush presidency. It has now gone up $4.939 trillion since President Obama took office.

And to think that I used to bitterly complain that Bush and the Republicans were spending our wealth like drunken sailors. Obama and the spendthrifts of the left make them look frugal and sober.

Update: Heh. Over at Crooks & Liars, they claim that the CBS report is "BS" - without contesting the numbers. Moreover, they damn the CBS reporter who made this observation to working at . . . Fox, of course. Lol. It is an exercise in intellectual dishonesty that deserves to be read.

1 comment:

David Fernandez said...

Hi GW,

This is a sad news for everyone and I think our government must act on this. But the good news is that your debt defense lawyers are here for you to help you out.