Just Nuts… Obama Now Blames His Trillion Dollar Deficits on Bush Tax Cuts

This doesn’t even make sense.
But don’t wait for the Democrat-media complex to point it out… They won’t.

Barack Obama is the first US president in history to run four straight years of trillion dollar deficits.
No one has come close to that record.

(J. Hoft Chart)

Today Barack Obama blamed his four years of trillion dollar deficits on the Bush tax cuts.
From the president’s Weekly Address:

You see, Republicans in Congress and their nominee for President believe that the best way to create prosperity in America is to let it trickle down from the top. They believe that if our country spends trillions more on tax cuts for the wealthy, we’ll somehow create jobs – even if we have to pay for it by gutting things like education and training and by raising middle-class taxes.

They’re wrong. And I know they’re wrong because we already tried it that way for most of the last decade. It didn’t work. We’re still paying for trillions of dollars in tax cuts that benefitted the wealthiest Americans more than anyone else; tax cuts that didn’t lead to the middle class jobs or higher wages we were promised and that helped take us from record surpluses to record deficits.

And, of course, he’ll get away with these completely inaccurate statements.

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Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

You can email Jim Hoft here, and read more of Jim Hoft's articles here.

 

Thanks for sharing!