Obama Has Nearly Tripled Deficit "Bush Left Him" Already

“There is, of course, another responsibility we have to our children. And that is the responsibility to ensure that we do not pass on to them a debt they cannot pay. With the deficit we inherited, the cost of the crisis we face, and the long-term challenges we must meet, it has never been more important to ensure that as our economy recovers, we do what it takes to bring this deficit down.”

President Obama
Address to Joint Session of Congress
February 24, 2009

You have to admit.
The man has nerve.
Democrats want to push the blame for the enormous national debt on George W. Bush.
But, in reality, Obama and Democrats will likely quadruple the national deficit in the first few months of the age of Obama:

Chart via RedState

And, despite the headlines about cutting the deficit
They want to spend much more of your money on their pet projects.

By the way… Democrats have already spent twice as much as the cost of the War in Iraq.
They are likely to spend 6 times as much as the total cost of the Iraq War before they are through with their bailouts.
The “deficit they inherited” is a drop in the bucket to what they are doing to this economy.
But, don’t expect the media to point this out.

Power Line Forum has more on Obama’s early ties to the current meltdown.

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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!