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Having Added Record $5.9T to Debt, Obama Claims Hes Cut Deficit $2.5T
http://cnsnews.com ^ | february 19, 2013 | Terence P. Jeffrey

Posted on 02/21/2013 7:21:55 PM PST by lowbridge

President Barack Obama claimed today that since he has been president both parties have worked together to cut the federal deficit by $2.5 trillion—despite the fact that the national debt has increased $5.9 trillion during Obama’s presidency, which is more than it increased under all presidents from George Washington through Bill Clinton combined.

“Over the last few years both parties have worked together to reduce our deficits by more than $2.5 trillion,” Obama said in a speech at the White House in which he called on Congress to avoid modest automatic cuts in anticipated spending that are set to begin on March 1.

(Excerpt) Read more at cnsnews.com ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: debt; deficit; obama

1 posted on 02/21/2013 7:22:04 PM PST by lowbridge
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To: lowbridge

I’ll say it:

He lies.

However that does not change, we do not have a better plan, as long as our plan involves firing American workers.

HIRE AMERICANS.

Now. And bring back American jobs.


2 posted on 02/21/2013 7:24:36 PM PST by Cringing Negativism Network
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To: lowbridge

No matter who asks, none of the Obamabots will say where this statistic comes from. LIARS!! ALL OF THEM!!


3 posted on 02/21/2013 7:34:52 PM PST by originalbuckeye (Never yield to force; never yield to the apparently overwhelming might of the enemy)
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To: lowbridge

4 posted on 02/21/2013 7:37:14 PM PST by martin_fierro (< |:)~)
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To: martin_fierro

Haha...I could have gone to a strip bar last weekend and blown a grand - but I didn’t - so I save a thousand dollars in one weekend :^)


5 posted on 02/21/2013 7:40:53 PM PST by DJlaysitup
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To: martin_fierro

The gong show.


6 posted on 02/21/2013 7:50:01 PM PST by shineon
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To: lowbridge
Low Information Voter Math - It gets the job done.


7 posted on 02/21/2013 7:52:38 PM PST by Iron Munro (I miss America, don't you?)
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To: lowbridge
“Over the last few years both parties have worked together to reduce our deficits by more than $2.5 trillion,”

"have worked"? I think that we need to dig a lot deeper into the big book of English tenses to find one that covers work that is claimed to have been done on fictional estimates that isn't planned to occur until many years in the future and isn't going to happen then anyway. Kind of like me justifying eating a triple cheesebuger, fries and milkshake today because of my diet and exercise program in 2023 has been so effective.

8 posted on 02/21/2013 8:22:12 PM PST by KarlInOhio (Choose one: the yellow and black flag of the Tea Party or the white flag of the Republican Party.)
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To: DJlaysitup

I could have taken a trip to Hawaii last week, but didn’t. I figure I saved 3-4 grand. Not bad, huh?


9 posted on 02/21/2013 8:51:13 PM PST by Girlene
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To: DJlaysitup

You actually saved $7k because last time you went you spent $4k so 4-1 = 3 + 1 that you saved = 4 + the 4-1 that wasn’t spent last time = 4 + 3 = 7k. Make sense?

As a wise woman once said... at this point what difference does it really make?


10 posted on 02/21/2013 10:00:52 PM PST by willyd
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To: lowbridge

The f**kwad just spouts whatever he wants out of his pie hole, doesn’t he?

To think that an American president would have the gall to say such a thing when public records clearly show it to be a fantastic lie...it simply bespeaks pure evil.


11 posted on 02/21/2013 10:28:55 PM PST by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: lowbridge
"Having Added Record $5.9T to Debt, Obama Claims He’s Cut Deficit $2.5T"

That's obama liberish for admitting he'd planned for an $8.4T deficit.
12 posted on 02/22/2013 5:35:58 AM PST by clearcarbon
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