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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