Obama Adds Nearly $8 Trillion To US Debt


Those with good memories will remember the blistering attacks Obama made against George W. Bush when he first ran for president. Among other things, the then-senator from Illinois criticized Bush for leaving the country in considerably more debt than it had when he first took office. Eight years later however, not only has Obama added nearly $8 trillion in debt, but he has earned the dubious distinction of adding more than any other president in the country’s history:

“While he was running for president, Obama criticized President Bush’s deficit spending, calling it “irresponsible” and “unpatriotic.” Obama said at a presidential campaign event on July 3, 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 — 43 added $4 trillion by his lonesome. So 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.

Obama, with what will be nearly $8 trillion tacked on to the national debt, has added by far more to the U.S. debt than any president in history.”

Source: Breitbart



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