Barack Obama and Congressional Democrats tripled the national deficit in one year. They will likely top that this year.

During the Bush years, despite the 2000 Recession, the attacks on 9-11, the stock market scandals, Hurricane Katrina, and wars in Iraq and Afghanistan, the Bush Administration was able to reduce the budget deficit from 412 billion dollars in 2004 to 162 billion dollars in 2007, a sixty percent drop. In 2004 the federal budget deficit was 412 billion dollars. In 2005 it dropped to 318 billion dollars. In 2006 the deficit dipped to 248 billion dollars. And, in 2007 it fell below 200 billion to 162 billion dollars. During the Bush years the average unemployment rate was 5.2 percent, the economy saw the strongest productivity growth in four decades and there was robust GDP growth.

Today Barack Obama rewrote history. Barack Obama for the first time blamed George Bush for leaving him with a $1.3 trillion budget deficit, or nearly all of his $1.4 trillion 2009 budget deficit. This is an awful lie and Barack Obama knows it.

Obama also talks about being responsible with money today in his address yet the democrats just blew a trillion dollars on a failed stimulus plan. He talks about being responsible just one day after authorizing $1.9 trillion more federal debt. Let’s face it, as Americans we have never seen someone quite like Barack Obama:

President Barack Obama said Saturday new budget rules that say spending increases must be matched by spending cuts will force Congress to “pay for what it spends, just like everybody else.” (AP Feb. 13)

Of course, Obama attacked the “wealthy” in his weekly address, too.

UPDATE: Dale Matteis sent in this observation:

As I’ve watched Obama over the last several years I have come slowly to the decision that he is not only a serial liar, but that he is a pathological liar. Von Munchausen was a European soldier several centuries ago who told fantastic stories about his exploits and campaigns, seemed totally convicted of their truth, but in fact those exploits existed only in his mind at the time of telling. Thus Obama. Thus Von Munchausen’s Disease. It is a disease and Obama has it big time.

Obama’s style is also closely related to that of Saruman in the Ring Trilogy. Saruman’s strength was in his voice – entirely persuasive and effective. But only so long as he could isolate his audience to specific types. With mixed nationalities, experiences and persuasions confronting him at the same time as at the confrontation at Orthanc, his lies became open books for while he persuaded one group the others were free to see him as he was. Taken a step farther, Saruman had his Wormtongue as a sidekick, Obama has Robert Glib. The parallels are striking.

 

ADVERTISEMENT

  1. I think Keith Hennessey pointed this out but it bears repeating: even IF you assume this year’s deficit is the result of the last administration, Obama is doing absolutely NOTHING to reverse the very deficit spending he now bemoans. For nearly every program put in place by Dubya, Obama wants more spending.

    Yeah, it sucks being in this hole, Obama. Why do you think more digging will help?

  2. He lies.
    Show us any spending during the democrat controlled congress when Obama was a Senator that The Barry voted against. Congress passes a budget. Blame congress.

  3. Lying malignant narcissist marxist. You have no honor soon you will have no power at all. Better hopie we don’t changey the rules more than you. I still think you ought to be tried for TREASON.

  4. The Blowhard should get himself a big Rolex and twirl it around his wrist while he’s doing his daily jive act.

  5. What he is doing is setting up a reason to raise taxes. Liberals do not understand that cutting taxes is a way to grow tax revenues. He will not cut the Federal Budget because every increase is essential, of course EVERY economist in the world agrees, to bring us out of this terrible recession that was caused by the reckless policies of the Bush Administration.

    Perhaps this garbage will be swallowed by the gullible and the Liberals but it will not play in Peoria!

    When he raises taxes, first by letting the Bush taxes expire, on the middle class ALL HELL IS GOING TO BREAK LOOSE!

    It sure will make it easier to convince people to vote for people like Ed Martin here in the third district of Missouri.

  6. an attribute of Leadership is to seek and accept responsibility.

    In a word for this turd: FAIL

    And yet he and arguably the most pitiful excuse for a VEEP we have ever seen, want to claim Iraq’s success as THEIR victory:

    STEAMING HORSE COOKIES.

    The American people are NOT THAT STUPID.

  7. Tom — Liberals understand that lowering taxes would grow tax revenue but what they want is a nanny state in which we are all on the Govt. dole. Then they can tell us what to eat, what to wear, how far we can drive, when we can use our electricity and when to die.

    Sweet November you can’t come soon enough.

  8. worth repeating:

    Sweet November you can’t come soon enough.

  9. Made of crap, spews crap…is crap….

    2012 can’t come soon enough!

  10. Jim Demint and Eric Cantor wrote to Pelosi and Reid to ask them if they were going for Reconciliation on the current Healthcare Bills despite calling for Republican’s input? If so, they will probably attend but they are ready for a fight.

    Why would the Republicans expect that Obama would listen to them — he doesn’t care what anyone thinks. Obama is doubling down with nothing but a pair of douces.

  11. Obama: I’m an empty suit…it’s Bush’s fault.

  12. Worst. President. Ever.

  13. Bush or Obama: The Quiz

    QUESTION:

    4. Bush was criticized for excessive federal spending and running up huge deficits. Bush’s deficit in 2008 was the largest in history. In fact, President Obama said,
    It’s a little hard for me to take criticism from folks about this recovery package after they’ve presided over a doubling of the national debt … What I won’t do is return to the failed theories of the last eight years that got us into this fix in the first place.

    Whose deficit was more than triple the size of the other’s: Bush’s in 2008 or Obama’s in 2009?

    ANSWER:

    4. Obama’s 2009 deficit, the largest in U.S. history. It was more than three times that of Bush’s record 2008 deficit. Per the Congressional Budget Office, the 2008 deficit was $455 B, and the 2009 deficit was $1,417 B. As a fraction of GDP, it was the largest deficit since 1945.

    http://www.americanthinker.com/2009/11/bush_or_obama_the_quiz.html

  14. More lies from comrade Zero.

  15. Where in the video is he lying? Specific instances, I mean.

  16. I’m sure to many Barry seemed like a good idea at the time…the hangover is just kicking in and it’s going to be a doozy!
    http://www.obamaoops.us

  17. The guy is mentally ill, and dangerous. He’s going to keep doing it until he is stopped.

    http://www.angelfire.com/zine2/narcissism/malignant_narcissism.html

    Anatomy Of Malignant Narcissism

  18. If Obama wants to take credit for the Stimulus(recovery plan) he also has to take blame for it as well.. what a beotch.

  19. New Bush sign appearing in various parts of the country MISS ME YET?

    Yes President Bush I miss you and I didn’t even vote for you. You loved this country and the people in it. God bless you for keeping us safe and secure.

  20. Ever notice it’s something different everyday with obozo and his cronies?

  21. Can’t anyone give me a specific instance of a lie in this video?

  22. We are not talking to you TOM. Waste of my time and my breath. Goes right back to the last discussion we had.

    Obama never takes ownership of anything even though he voted FOR the TARP bailout which Conservatives did not want. IF he meant what he said he would not have signed the stimulus bill. He is a walking contradiction and suffers from Malignant Narcissism.

  23. Militant Conservative, in a post about that video, you’re calling the President a liar. So go ahead and back up your allegation. Where in the video is he lying?

  24. BOOOOOOSSHH!!!

  25. ++

    Tom @ 12:33 pm #26

    re: [Where in the video is he lying?]

    he’s moving his lips isn’t he??

    there you go again, Alinsky 101, cherry
    pick & distort, this is getting old again..

    btw, you are taking things out of context again..

    the video is part & parcel of the entire presentation..

    that includes Obama’s blaming it on Bush..

    but if you are saying Obama didn’t lie,

    please explain why??

    ==

  26. Thanks for the assist bg,
    I was gonna leave TOM alone with his “thought”.
    LOL

  27. ++

    Tom @ 12:33 pm #26

    re: responsibility

    how is Obama living up to that of which
    he spoke of in his mini monologue??

    the WH throws a party an average of every 3 days,
    winter vacations toppling 30 million, etc, etc, etc..

    iow: “we the people” get to do all hard work, “we the people” are
    responsible, Obama, not so much.. because it’s all Boooshes fault
    ya know..

    the man is a NWO Pontius Pilate, gah!!

    ==

  28. ++

    Militant Conservative @ 1:58 pm #29

    “got it”, rotflmbo!!

    keep your powder dry..

    ==

  29. You know, bg and Militant Conservative, just because you think something doesn’t make it true, and just because you keep shouting it doesn’t mean you’re right. If you want to convince somebody of your point of view, you have to make a point that’s based in fact, not just your opinion. Incidentally, you might find that making a point in that way sharpens your own thinking and makes you a more effective advocate for what you believe.

  30. “President Barack Obama said Saturday new budget rules that say spending increases must be matched by spending cuts will force Congress to “pay for what it spends, just like everybody else.”

    The problem is that when you have a $1.3 trillion deficit, this sort of logic doesn’t reduce the deficit at all, it just balances it out.

    Furthermore, this is disingenuous at best. Congress is going to reduce spending only AFTER gambling $700 billion on a business cycle that they completely misread, hiding trillions in debt liability from Fannie and Freddie off the public books (looks like the Dems took a look at the banksters’ lies on their debt transparency and thought, “Hey, that’s not a bad idea, makes things not look so awful!”), and raising the debt ceiling nearly $2 trillion?

    Obama’s like a stoner telling people not to smoke weed while he’s joyfully toking away.

  31. ++

    Tom @ 2:19 pm #32

    pardon me, but was there an answer
    to my question in there somewhere??

    ==

  32. “Let’s face it, as Americans we have never seen someone quite like Barack Obama[.]” Thank God. And pray to God that we never do again.

  33. bg, was there an answer to my question somewhere in your response? You’re the one trying to make the case that Obama lied in that video. So make it.

  34. ++

    Tom @ 5:29 pm #36

    no, you’re the one trying to make a case Obama ddn’t lie in the video, which in reality has nothing to do with the total picture, just like what
    the US does re: stamping travel visas has nothing to do with the 9/11 hijackers special treatment via travels to & from Iran.. hello??

    ==

  35. ++

    Tom @ 5:29 pm #36

    fyi: bg @ 2:01 pm #30

    [re: responsibility

    how is Obama living up to that of which
    he spoke of in his mini monologue??]

    has absolutely nothing to do with your
    targeted cockamamie dispute with MC..

    oh but not to worry, albeit i know you’ll respond, it won’t
    be a response, so i won’t hold my breath waiting for one..

    ==

  36. Will somebody tell this fool I’m trying to help him?

  37. Barrack Obama is a Pathological Liar.

  38. Again using the liberal lefts thought process…….
    Most of the respondants to this thread do not agree with you TOM. Thus your a usefull idiot by consensus.
    Good enough for global warming surely good enough for you. Obama/ Barry/ NOTUS is a laughable excuse for a president and has serious issues in the truth department. I committed my own mother because she was bipolar. Barry is very similar it scares me. I was raised by a bipolar female and lived with her “moods”
    for over twenty years. I can now smell the nuttiness that is this condition or its mirror. Bet you don’t have the stones to put your own mom away do you.

    Grow up this is about the country, not who you voted for. Powder is dry and plentiful.

  39. also obama leaves out that he has tripled our dedt in 1 year, so when he leaves that out he isn’t telling everything , which is a half truth.

  40. ME, truth, Barry is much like the congenital liar that was Clinton. Split hairs, Clinton speak, unusually good liar was a comment of a sitting senator! Tom, your defending a really bad position. Your candidate IS a serial liar and it is provable beyound a doubt. Why then is his approval numbers in the LSM dropped sooo quickly? MMMM MMMM MMMM. No substance just posturing. He knows not what he does, this is why he is sinking so fast. He has risen beyond his level of ability. Affirmative action taken to the Nth degree.
    He lies, just like a scorpion will sting you. It is what he is. “We are just five days away from fundamentally remaking America” BHO . I take him at his word. His word is death to capitalism.

  41. For all you Clinton Haters out there. Notice that during Bill Clintons two terms the deficit shrunk EACH AND EVERY YEAR until it became a surplus.

    For all of you Clinton haters, Bill Clinton left office with the highest approval rating of any president since at least 1946, and probably well before that as well.

    For all of you Clinton haters, Bill Clinton left office as the only president to have a higher approval rating at the end of his term than the beginning.

    For all of you Clinton haters, who were pleased at seeing Hillary Clinton defeated by caucus cheating and suspicious donations and the democratic elite plotting against here, you are now suffering as a result of being a Clinton hater.

    Remember that the next time you hate a Clinton.

  42. Spare me, Alessandro Machi #44

    Dig a little deeper neophyte as to when the numbers changed and what was done.
    What fiscal policy did Clinton enact to get the surplus.
    None.
    He kept the Reagan model as did president 41.
    He did raise taxes but the economy was doing so well it did not slow it down much. The congress forced him to sign the welfare reform act after he vetoed it twice.
    The will of the people is hard to deny. That is why the current occupant of the WH is having a hard time.

    I wish we had Clinton back he was a moderate next to the lying socialist we have now. Freedoms are always under attack under democrats.

  43. Um, Militant Conservative? Show me where on this thread I defended Barack Obama.

  44. Every day the sun will rise and Obamao will blame Bush. Yawn. Nothing to see here.

  45. Does Robert Mugabe come to mind here? If 0 keeps on going like he is, this country will be in the same shape as Zimbabwe. Deeply impoverished and a huge foreign debt that can never be repaid and the loons in control of the asylum. We are sinking to that level everyday that 0 is the President and the Reid-Pelosi cabal run the Congress.

© Copyright 2012, TheGatewayPundit.com. All rights reserved.
Privacy Policy | Terms and Conditions | Web Development By Arlington Kirk