National Debt has increased more under Obama than under Bush

It was probably Bush's fault.

(CBS News) The National Debt has now increased more during President Obama's three years and two months in office than it did during 8 years of the George W. Bush presidency. The Debt rose $4.899 trillion during the two terms of the Bush presidency. It has now gone up $4.939 trillion since President Obama took office.

The latest posting from the Bureau of Public Debt at the Treasury Department shows the National Debt now stands at $15.566 trillion. It was $10.626 trillion on President Bush's last day in office, which coincided with President Obama's first day.

The National Debt also now exceeds 100% of the nation's Gross Domestic Product, the total value of goods and services.

Mr. Obama has been quick to blame his predecessor for the soaring Debt, saying Mr. Bush paid for two wars and a Medicare prescription drug program with borrowed funds.


The federal budget sent to Congress last month by Mr. Obama, projects the National Debt will continue to rise as far as the eye can see. The budget shows the Debt hitting $16.3 trillion in 2012, $17.5 trillion in 2013 and $25.9 trillion in 2022.
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http://www.cbsnews.com/8301-503544_162- ... nder-bush/

Well... Obama can blame the total debt of 8 years on Bush, but there is no way he can avoid taking responsibility for what has happened under his watch. These figures don't bode well for an incumbent going into a campaign season. He's screwed.

Liberal Reponse: But Obama had to outspend Bush to dig us out of the hole he created!
Imagine adding trillions in debt and unemployment is still over 8%.
Trillions could have given every unemployed person in America a job but instead Barack wasted it.

There you two go, bringing up Bush again.

JSG wrote: There you two go, bringing up Bush again.

The CBS article brought up Bush. I thought that was evident. Maybe not. Sometimes I have to spell it our for you.

You're the one who posted it. And you're the one who complains when other posters bring up Bush while talking about Obama.

JSG wrote: You're the one who posted it. And you're the one who complains when other posters bring up Bush while talking about Obama.

Doesn't matter... doesn't change the facts in the article one iota... carry on. Lousy deflection on your part. But you got nothing to work with here, the debt in going in the tank, you can't deny it so you tap dance a sing a little song. I love making you dance.

Obama will be twice as good as Bush if he gets reelected since he will more than double Bush's debt. Didn't Obama say he was going to cut the debt in half? Maybe he was referring to his personal debt.

The Liberals GOP Twin wrote:

JSG wrote: You're the one who posted it. And you're the one who complains when other posters bring up Bush while talking about Obama.

Doesn't matter... doesn't change the facts in the article one iota... carry on. Lousy deflection on your part. But you got nothing to work with here, the debt in going in the tank, you can't deny it so you tap dance a sing a little song. I love making you dance.

You really seem to have a self-professed thing about liking to watch men dance. Perhaps you're hiding something.

CritiKalbILL wrote: Obama will be twice as good as Bush if he gets reelected since he will more than double Bush's debt. Didn't Obama say he was going to cut the debt in half? Maybe he was referring to his personal debt.

Deficit CB - cutting the annual deficit spending in half. And, by the way, haven't you gotten the official memo telling us he has lived up to that promise? The one I got said to say that if he hadn't cut so much deficit spending out of the budget he inherited over the course of his first term, the increase to the total debt would be much higher than it is now - $5 Trillion more is only half of what it would have been if he hadn't been elected. I'm surprised you didn't get that memo yet.........have you checked your inbox today?

Oh ya you're right PS. Here's a good video for those with short memories too...

[youtube:3pdfgzig][/youtube:3pdfgzig]

Damn that unpatriotic BUSH!!!