Showing posts with label spending. Show all posts
Showing posts with label spending. Show all posts

Monday, August 12, 2013

Show a Republican This to Expose Their Hypocrisy About Deficit Spending

There’s a lot of rhetoric that comes from conservatives when it comes to President Obama.
I’ve never seen a man be accused of being so many different things, often accusations which completely contradict facts, logic and reality.
One of the accusations I always find most amusing is this “disgust” conservatives have with the spending under President Obama.  My favorite right-wing catchphrase is “Obama has spent more than every other President in United States history—combined.”
Which is by far one of the dumbest things I’ve heard considering that basic knowledge of math easily disproves it.  The national debt when he took office was $10.6 trillion, and it currently sits at $16.4 trillion.  That’s an increase of $5.8 trillion, or as I like to call it—not greater than the $10.7 trillion he would have needed to spend to more than double our debt and “spend more than the combined totals of all other Presidents in United States history.”
Now don’t get me wrong, $5.8 trillion is a lot of money.  But it’s also a number that has more than just what you see on face value, especially when  you consider these people voted for George W. Bush—twice.
See, much of the money that Obama gets blamed for in 2009 was actually passed in 2008—under Bush.  So if you take out the $1.4 trillion deficit we ran in 2009, which carried the budget passed in 2008 under President Bush, that puts Obama’s additions to our national debt at $4.4 trillion.

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