Did Obama increase the National Debt by ~$5T? Nooo.....

[LoveLife&Laughter]

Republican pundits love to say that the national debt has increased by $5 trillion because of President Obama. Factually, that statement is simply untrue. Let's examine the evidence.

Of the alleged $5 trillion, $1.6 trillion is related to costs of the Iraq/Afghanistan Wars. These were costs George W. Bush intentionally hid from the budget, and that President Obama allowed to be calculated when he assumed office.

Note that Obama could have continued to hide the bill as Bush did, passing it along to his successor.

President Bush was able to manipulate funding for the Iraq/Afghanistan wars using special emergency authorization bills. He did this because, as you recall, the Democrats were attempting to defund the war legislatively.

The overall point is simple: Obama, as president, authorized not one cent of that $1.6 trillion to be spent.

It has been previously reported by marketwatch.com that President Obama increased overall government spending by a smaller margin than any modern president, all the way to President Eisenhower.

[P.A.]

Those are facts that we understand. Sadly those on the right do not want to be bothered with facts.

[LoveLife&Laughter]

I just checked.  They tell me he's not an American, he's black Muslim.

[LoveLife&Laughter]

Actually more like a Christian.  A real one ... 

[Snagg]

Whatever his religion, he's a damn sight more honest than the guys who dumped all of this mess in our laps...

[P.A.]

Could you tell us exactly what it is you do not like about him and please no talking points from the right wing media?

[The Dyslexic Dodger]

What P.A. siad.

" Does no good to argue with closed minds."MrMusik

 

Graet, make yuor intoductoin by way of insulting us straight away.

I suppose the irony of Telling us that we have "Closed Minds" coupled with a negitive statement reguarding the president and unwilingness to discus yuor reasons for thinking so escapes yuo...

 

                                                    

[LoveLife&Laughter]

What he means is his mind's closed.

[ellevan]

I love you, DD!

[exedir]

A trillion here, a trillion there, pretty soon, you're talking real money -- a play on the words of Senator Everett Dirksen, if he actually said it.  Nope, it is all real money, and yes there is blame involved, a lot of blame and fingers to point and people to be pointed at.  However, it still is 16 trillion and worse is going to have to be reauthorized sometime in February   which means not only falling off the cliff but a deeper and darker hole to fall into, beware of Greeks baring more debt, or something like that, or was that a horse, nevermind.

And yes, it isn't the president, it is congress and all those in congress that approved it for whatever reason(s) including vote buying.  So, what next?  Bitter partisan politics, gridlock and nasty Sunday morning news shows are a giving, leadership, probably not.  As to hard choices, remember the can has some distance left in it to be kicked.

[LoveLife&Laughter]

The way our debt is soaring, even my mind is becoming able to get hold of the magnitude.   A trillion here, a trillion there, is beginning to sound like chump change.

[The Dyslexic Dodger]

LLL- I understand him just fine.

@  ellevan  I LOVE YUO TO SUG!!!!

[LoveLife&Laughter]

There, that's better.  

Thank you :0)