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Old 02-14-2013, 08:34 PM   #68
AustinChief AustinChief is offline
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Quote:
Originally Posted by Direckshun View Post
This is absolutely unconnected to reality. He's cut the deficit at speeds unseen in our lifetimes.
No he hasn't. that is a lie. I'm not sure if you are so stupid that you honestly believe this garbage or if you are just a dishonest piece of shit.

Obama inherited either a $460 billion deficit or a $1.1 trillion .. depending on how much you want to stretch the truth. No way you can claim he "inherited" $1.4 trillion.

Here are the FACTS...

The deficit is fluid and goes up and down over the course of the year. The 2008 deficit was $460 billion. The deficit at the MOMENT Obama took office was projected as $1.1 trillion. He then proceeded to add over $300 billion to that amount. He then reduced that by $100-$200 billion each year.

Claiming that Obama is some great deficit reducer is a blatant lie. Period.

The DEFICIT is not the debt... it can be eliminated INSTANTLY. You don't have to "work down" the deficit.

Average deficit during...
Clinton's 8 years = $76.4 billion
Bush's 8 years = $247 billion
Obama's 4 years = $1.28 TRILLION

You can of course excuse some of the deficit by the fact that the economy sucks and therefore tax revenue will down... but don't try to pass off Obama's "deficit reduction" as anything close to being true.
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