September 27, 2013

Obama ‘All By His Lonesome’

Digging up one of many memorable Obama condemnations of raising the debt ceiling.

Taking a walk down memory lane, I recall that “irresponsible” and “unpatriotic” presidential campaign speech in July of 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 – No. 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. That’s irresponsible. It’s unpatriotic.”

Fact Check: In the five years since Obama took office, the national debt has increased $6.1 trillion, and now stands at $16.7 trillion. Yes, No. 44 added $6.1 trillion by his lonesome, so that we now have over $16.7 trillion of debt that we are going to have to pay back – $53,995.17 for every man, woman, and child. That’s irresponsible. It’s unpatriotic.

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