Quote:
Originally Posted by Guest
National Debt 12/31/2008 = $10,699,804,864,612.13
National Debt 9/15/2015 = $18,151,049,785,935.02
TreasuryDirert.gov
You can do the math, I think.
The Great Recession was only that because Obama made it last as long as he could. Any other president in history could have/did better at the economy than this incompetent. He wasn't given anything. He ran with Hope and Change. IT's all his and he owns it. He knew exactly what he was getting into and he had plans to hose it up. He hates America and anyone can see it that isn't blind. How many recessions or depressions have we had? How long did it take for us to rebound? Nope, blame it on Bush all you want, but it's Bush that everyone would rather have in there right now than Obama. Check out the polls.
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Odd that you say "everyone would rather have Bush in office than Obama". Do you need to be reminded of who was elected? Your figures on the National Debt are incorrect. From Politifact.com I copied this last paragraph:
"Our ruling
(Rand) Paul said, "Debt doubled" under Bush "and now it’s tripling under Barack Obama’s watch."
This statement is confusing. A person could easily interpret it to mean that debt has tripled since Obama took office -- which would be incorrect. Paul, on the other hand, said that it means debt today, under Obama, is triple what it was when Bush’s term started.
Indeed, today’s national debt is about triple what it was in January 2001, when Bush took office.
It's also worth noting that many factors other than a particular president's policies affect the national debt.
From one not-so-obvious angle, Paul's numbers are correct. But because the statement could so easily be interpreted in another, less accurate way, we rate it Half True."
About this statement:
Published: Thursday, April 9th, 2015 at 3:30 p.m.
Researched by: Lauren Carroll
Edited by: Angie Drobnic Holan
Subjects: Debt
Sources:
Rand Paul campaign launch transcript, April 7, 2015
U.S. Treasury, Debt to the Penny, accessed April 9, 2015
Tax Policy Center, Federal Debt 1940-2020, Feb. 2, 2015
PolitiFact, "RNC chair Reince Priebus says Barack Obama has 'the worst record of any president' on debt," Dec. 4, 2014
Email interview, Paul spokesman Sergio Gor, April 8, 2015
Email interview, George Washington Law professor Neil Buchanan, April 8, 2015
Email interview, Harvard professor Linda Bilmes, April 8, 2015
SOrry, I can't go back and copy the link without losing this post.