In Obama’s own words, he’s irresponsible and unpatriotic!
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 the national debt from 5 trillion for the first 42 presidents — number 43 added $4 trillion by his lonesome, so that we now have $9 trillion 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!
According to a CBS report:
The latest posting by the Treasury Department shows the national debt has now increased $4 trillion on President Obama’s watch.
The debt was $10.626 trillion on the day Mr. Obama took office. The latest calculation from Treasury shows the debt has now hit $14.639 trillion.
It’s the most rapid increase in the debt under any U.S. president.
What’s more, it took George W. Bush 8 years to rack up $4 Trillion in debt, whereas it has taken Obama only 3 years!
So there you have it, Obama, in his own words, calls his own presidency “irresponsible” and “unpatriotic”.
