Obama and the Debt

In less than 20 months, Mr. Obama will have increased the national debt by more than Bush did, in 8 years.

And don't go to the old tired refrain - it's all Bush's fault and Obama is trying to fix it.  No, he's not.  Funding for homeowners was not intended for Banks, but it has gone to banks, and few homeowners - problem not solved.  Unemployment has skyrocketed - even considering the high unemployment during the last year of Bush's administration, today it stands at, correctly, 17.5% - problem not solved.  So all these problems he claims to have inherited from Bush and spent tens of billions trying to fix, are not fixed.

8 years to raise the debt by nearly $5 trillion.  20 months and it is raised that much.

By a man who ran on a platform that he would cut the deficit, pay off the deficit ... problem not solved.

None of the issues have been solved.










Obama