Obama Blames Bush (Again) for His Own $4 Trillion Addition to the Debt

Obama’s ‘not my fault’ crap is monotonous.

The latest posting by the Treasury Department shows the national debt has now increased $4 trillion on Obama’s watch.
The debt was $10.626 trillion on the day Obama took office. The latest calculation from Treasury shows the debt has now hit $14.639 trillion.
It’s the most rapid increase in the debt under any U.S. president.
The national debt increased $4.9 trillion during the eight-year presidency of George W. Bush. The debt now is rising at a pace to surpass that amount during Obama’s four-year term.
Obama blames policies inherited from his predecessor’s administration for the soaring debt. He singles out:
“two wars we didn’t pay for”
“a prescription drug program for seniors…we didn’t pay for.”
“tax cuts in 2001 and 2003 that were not paid for.”

Let’s single out the real problems, Obama:

A ‘stimulus’ that cost more than both wars combined.
Continued out-of-control spending.
The effects of ObamaCare, which are already being felt ahead of its 2014 enforcement date.

Until he’s unassed from office, this whiny little pissant will continue to blame everyone but his own damned self , for the clusterfuck he and his Dem pals created.

3 thoughts on “Obama Blames Bush (Again) for His Own $4 Trillion Addition to the Debt”

  1. Pingback: Are Americans “paranoid” when Obama’s really out to get us? « The Right of the People

  2. Questionman

    “Let’s single out the real problems, Obama:

    A ‘stimulus’ that cost more than both wars combined.”

    BS! http://www.politifact.com/truth-o-meter/article/2010/aug/26/did-stimulus-cost-more-iraq-war/

    “Continued out-of-control spending.”
    BS! No one will say that $709 billion is not a lot of money. But first, that was spread over eight years. Secondly, let’s put that in some perspective. Below are some figures for those eight years, 2003 through 2010.

    Total federal outlays: $22,296 billion.
    Cumulative deficit: $4,731 billion.
    Medicare spending: $2,932 billion.
    Iraq War spending: $709 billion.
    The Obama stimulus: $572 billion.

    “The effects of ObamaCare, which are already being felt ahead of its 2014 enforcement date.”
    The reason Democrats have to keep responding is because conservatives keep lying.
    It is total misinformation to base current rate increases on PPACA. The fact is that rates have been going up on the order of 12% a year for a while. You’re going to say that 1% of that is because we fixed the system so kids can’t be refused insurance because they have some illness. a) What is wrong with you people that you think that is OK practice for insurers b) You don’t really know enough to attribute that 1% to PPACA. You’re just delivering your usual propaganda lies.

    1. Questionman,

      Bullshit, nothing. Obama increased the debt by $4 trillion all by himself in the span of 2 years. The most and in the shortest time of any president in history. Part of that was because of the stimulus, bailouts, and uncontrolled spending. Period.

      The cost of Iraq and Afghanistan vs Obamanomics:

      Iraq: $709 billion between 2003-2010.

      Afghanistan: cost $51 billion as of 2009

      More: http://blogs.reuters.com/frontrow/2009/01/29/us-stimulus-to-cost-more-than-iraq-afghan-war-so-far/
      Had it been up to me, I’d have had the whole thing over the next day. I’d have leveled 3/4th of the Middle East. Terrorists are bred, funded, indoctrinated, supported, and trained throughout that Islamic cesspool. I’d have started with all the capitals: Baghdad, Damascus, Kabul, Riyadh, Tehran, Islamabad, Amman, all of them. I’d have used MOABs and probably neutron bombs; a beautiful surgical weapon that delivers a high concentration of radiation to kill people but leaves structures intact. The radiation dissipates quickly, thus making it safer for ground troop invasion.

      That’s what I’d have done. They want a jihad, give ’em one. But, I’m a former Soldier and Iraq war vet, not a politician.

      In just the first 19 months of his regime, he added $2.5260 trillion, which is more than the cumulative total of the national debt held by the public that was amassed by all U.S. presidents from George Washington through Ronald Reagan.

      Under Obama, to date, the national debt has risen by an average of $1.723 trillion a year — or by a jaw-dropping $1.116 trillion more, per year, than it rose even under Bush.

      The deficit comparison graphs: http://blog.heritage.org/2010/02/05/past-deficits-vs-obamas-deficits-in-pictures/


      Take a good look at the debt clock: http://www.usdebtclock.org
      You don’t think that’s out of control?

      You Dems can blame Bush all you want, but the facts are, Obama owns this economy.

      A downward spiraling economy: 16.2% unemployment, (that number includes those who simply stopped looking for work), a $14+ trillion debt, an enormous waste of $814 billion “stimulus” and $787 billion dollars in taxpayer funded bailouts. The government takeover of 2/3rds of the auto industry, insurance corporations, and health care. The engineered collapse of the housing and banking industry,(Fannie Mae/Freddie Mac/TARP), and a spending/borrowing orgy that needs to be brought to a screeching halt, regardless of who’s in office.

      The Republicans offered a sensible Cut, Cap, and Balance plan that would have been a good start at turning the economy around. The Dems, who don’t like the fact that it cut into their feeding frenzy, shelved it.

      Before the ink was dry on B. Hussein’s signature, the government immediately started borrowing again and the debt is due to go up by another 2.1 trillion.

      If you don’t think that’s out of control, you have a shit factory for a brain.

      Speaking of lies, Obama couldn’t tell the truth if his life depended on it.

      The worthless piece of shit blames his own screwups on the ‘Arab Spring’, technology, ATMs, and ‘bad luck’. He’s pathetic, and so are his bots.

      Where do you get off thinking ObamaCare—the unconstitutional and costly (http://sfcmac.wordpress.com/2011/01/24/a-run-down-of-the-tax-increases-and-rising-costs-included-in-obamacare/) seizure of private health insurance—is such a hot idea? BTW: Obama isn’t beneath using his deceased mother in a lie….ooops, I mean an embellishment to support ObamaCare. (http://sfcmac.wordpress.com/2011/07/13/another-obama-health-care-lie-debunked-like-the-time-he-used-his-mother-as-a-prop/)

      Quit making excuses for the sorry sack of shit. He’s already damaged the country enough.

      Obama’s Keynesian economics is an epic fail.

      Your Paul Krugman talking points won’t cut it.
      SFC MAC

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