Barack Obama and Bill Clinton held a joint fundraiser yesterday in New York City. During his introduction of the president Bill Clinton reminded the audience of the difference between his record and Barack Obama’s record.
“And, I care about the long term debt of the country a lot. Remember me, I’m the only guy that gave you four surplus budgets out of the eight I sent.”
Bill Clinton wasn’t kidding. Obama tripled the national deficit his first year in office and never looked back.
(J. Hoft Chart)
UPDATE: ( From J. Hoft) During Bill Clinton’s presidency the Republican Congress presented numerous balanced budgets to Clinton that he would not sign. He said a balanced budget was not a priority. Eventually he did sign the Gingrich balanced budget but only after Republicans were forced to shut down some government services to get him to sign the bill into law. Conveniently now he takes credit for the balanced budgets – at least one of which was under GW Bush’s presidency. Once a liar always a liar.
