Monday, October 22, 2012

Facts are stubborn things, or did Obama just lie?


My good liberal friend Rich told me the other day that spending under Obama has not increased.  The whole cause of the massive increase in federal debt was only caused by the decrease in federal income because of the poor economy. This has been a line from the Liberals supported by the media, the other line being ” it’s all Bush’s fault”.
To quote President Obama in his 2009 State of the Union address, “By the time I took office, we had a one year deficit of over $1 trillion and projected deficits of $8 trillion over the next decade. Most of this was the result of not paying for two wars, two tax cuts, and an expensive prescription drug program. On top of that, the effects of the recession put a $3 trillion hole in our budget. All this was before I walked in the door”
This would be a good argument to explain the exploding federal debt under Obama if it was true. But as we have seen so many times in the past, the President has a real problem with the truth. Let’s look at some of the facts.
In 2008, President Bush sent a 2009 budget to the Congress with 3.1 trillion dollars of federal spending and a projected deficit of $400 billion dollars. Voting for this budget along with almost every Democrat in Congress was then Senators Obama, Biden, and Clinton, along with Rep. Rahm Emanuel. In fact, the final bill passed the Senate with only two Republican votes and passed the house with no Republican support at all. Now it is true that President Bush, in the interest of getting along with Congress and finding common ground, signed the final bill but, it is a little a little difficult to see how Mr. Obama can conveniently forget his (and the major players in his administration) role in supporting the very bill he blames for “the mess”. President Obama, Vice President Biden and Secretary of State Clinton also voted in favor of the 700 billion dollar Troubled Asset Relief bill that piled more debt onto the federal government. This, buy the way, was the last time the federal government passed a budget. The democratic leadership in Washington has failed to pass a budget since Obama came to office.
Obama has said many times during campaigning that we can’t return the government to the very people that created the fiscal mess.  I have to agree, and seeing it was Obama and a Democratic Congress with a signature from President Bush that brought us the 2009 federal budget that produced the first one trillion dollar deficit, I would say we should not return any of them to Washington.
Of course this does not explain the last three fiscal years that produced three more years of over trillion dollar deficits, two years with total democratic control in Congress. Federal spending increased every year from 2009 to 2012, and in 2012 spending was over 1 trillion dollars more than 2008. All this along with anemic federal tax recites due to the non-existent Obama economic recovery has led to a record 16 trillion dollar federal debt, over 6 trillion more than when Obama took office. The federal debt has increased more in 4 years of Obama “leadership” than 8 years of President Bush.
The Presidents confusion about the 2009 budget might be understandable seeing his first debate coach was John Kerry, maybe Obama was for the 2009 budget before he was against it.

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