I am sometimes astounded either how stupid this man is or how stupid he believes we all are.
At a fundraiser for his re-election campaign in Denver last night, Barry set out to upend conventional Republican wisdom that his administration has been defined by excessive government spending.
"I'm running to pay down our debt in a way that's balanced and responsible. After inheriting a $1 trillion deficit, I signed $2 trillion of spending cuts into law," he told a crowd of donors at the Hyatt Regency. "My opponent won't admit it, but it's starting to appear in places, like real liberal outlets, like the Wall Street Journal: Since I've been president, federal spending has risen at the lowest pace in nearly 60 years. Think about that."
You know, everyone is entitled to their own opinion but not their own facts.
Click post title if it won't play
What's Carney going to say now? It was taken out of context?
When he took over, the debt "he inherited" as he likes to say, was $10.6 trillion. Bush doubled the debt in his 8 years as president. Nothing to brag about.
Now Barry comes along and states he will cut the deficit in half by the end of his first term. Which means, as we approach November the deficit should be around $5.3 trillion. Lets say Barry missed his target but got it down to 6.3 even 7.3 trillion. I would be satisfied with that. As usual Barry likes to say what people want to hear. The difference being it's all idle talk. Not only has he not cut the deficit in half, he did the opposite. He increased by 50%!!!!
As I write this the deficit is a whopping $15.7 trillion. Barry's gonna have a lot of work to do between now and November.
Think about it. Can you really spend your way out of being broke?
No comments :
Post a Comment