(In eight years, George W. Bush added $2.9 Trillion to the National Debt. According to his own budget plan, Barack Obama will add that in his first 20 months and 11 days….. – promoted by Cool Cal)
I’ve talked about the “inherited” deficit in the past. http://redmassgroup.com/sh…
The actual deficit the Democrats inherited in 2007 was only $160.7 Billion according to the Congressional Budget Office. The Dems, of course have tried to trick us by moving the benchmark to 2009.
Even in 2009, they have move the amount “inherited” with each new spending explosion they write. It was 1.0 Tril, then 1.3 Tril, then 1.5 Tril. Their most recent number for Obama’s 2009 deficit is 1.75 Trillion with a “T.”
Recently, I found this from the Huffington Post of all places.
The deficit will hit $482 billion in the 2009 budget year that will be inherited by Democrat Barack Obama or Republican John McCain…
So, according to the most lefty of all lefties even their 2009 “inherited” number was originally only 27.5% of what they are claiming it is now.
Watching this supposed “inherited deficit” number is now growing faster than the cost of the Big Dig.
What was Obama’s take on the potential of an outrageous $482 billion deficit in 2009?
Obama’s campaign used the new numbers to assail McCain for embracing Bush’s tax cuts. As for Obama’s plans, campaign adviser Furman said the candidate would cut wasteful spending…
BTW: I’ve changed my quote.
Every dollar that I’ve proposed, I’ve proposed an additional cut so that it matches.
– Barack Obama: lying to Bob Schieffer and the American people Oct. 15, 2008. Lying to people about taxes and spending is how Democrats get elected. They promise to solve all of your problems by saying words like “hope” and “change.” It’s unfortunate more people don’t pay attention to words like “math.”