8/25/2011

Obama: adding $4 trillion in debt over four years was “unpatriotic” and also “irresponsible”

What a difference three years makes. Remarks by Obama in July 2008.

“The problem is, is that the way Bush has done it over the last eight years is to take out a credit card from the Bank of China in the name of our children, driving up our national debt from $5 trillion dollars for the first 42 presidents -- number 43 added $4 trillion dollars by his lonesome, so that we now have over $9 trillion dollars of debt that we are going to have to pay back -- $30,000 for every man, woman and child. That's irresponsible. It's unpatriotic,” Obama said on July 3, 2008, at a campaign event in Fargo, N.D.


Of course, during the presidential debates, then-Senator Obama blamed the bad economy on the deficits.

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1 Comments:

OpenID valentsgrif said...

Hold on.....those are Tea Partier words!

8/25/2011 12:01 PM  

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