posted on May, 26 2012 @ 11:52 AM
Originally posted by babybunnies
Originally posted by AnonymousCitizen
When President Obama took office in 2009 the U.S. Debt = $9.986 trillion
Today, US the debt rises to $15.75 trillion.
Obama has added $5.764 trillion to the U.S. debt, so far.
So obama increased the debt by just over 50%. Reagan TRIPLED the debt that he inherited. These are known, confirmed facts.
GOP loves to tout Reagan as the Conservative hero, and never mention either Bush in their rhetoric. Bush Jr also massively increased debt, and turned
a spending surplus created by Clinton into a spending deficit, which has remained ever since.
Even the granddaddy conservative of them all, Ole' Abe Lincoln (every Conservative's 'favorite' President), massively increased spending during his
tenure (Federal debt had been almost wiped out before his Presidency) and presided over one of the largest transfers of wealth to the banking classes
that the United States has ever seen.
Conservative Presidents don't have a real good track record of upholding true Conservatism.
Watch out for - Red Flags -.
When someone starts throwing around words like - double- or -triple-.
Just stick to the actual numbers.
Obama is spending over $9 Billion everyday!
President George W. Bush spent $6.2 Billion everyday.
Common sense question: Does that make Obama a big spender?
BTW, i found a shorter link to the Washington Post Analysis. - Obama Get 3 Pinocchios-
A guy named wygator has the direct link to the Washington Post at the bottom of his post.
- It backfires on Obama -
Also, listen up everybody. This is all just an old progressive trick.
- Explain things to the American people in a way that they can't even understand it.-
Thankfully, we all have the Washington Post to hand out the Pinocchios.
edit on 26-5-2012 by Eurisko2012 because: (no reason