The fiscal 2011 budget deficit was $1.34 trillion. And the federal debt today is $14.34 trillion.
That means the budget deficit is, at worst, unchanged. And the federal debt has grown by $2.44 trillion since Obama took office. These small and simple facts are very, very hard for Republicans to grasp, however.
Sarah Palin, when giving her only campaign interview to her employer, the Republican Fox News channel, seemed to not have a care in the world for facts or intelligent conversation when discussing important issues like budgets and deficits.
President Obama has grown more debt than all other presidents combined?? Wow that is very crazy talk. She can't be serious.
Unfortunately she is serious. And she is what the Republican base cheers on, even cherishes. Her completely untrue, crazy chatter like Obama has grown more debt than all other presidents combined is considered very Serious and president-worthy criteria for Republican voters. They really want their candidates to deny reality.
The simple fact is, though, President Obama hasn't even raised near the level of debt Reagan did when he tripled it. Or when George W. Bush doubled it. Inheriting the largest budget deficit in world history on top of the largest federal debt in the galaxy means, in the Republican Fantasy World, you're responsible for it. Republicans are for whatever makes them appear least responsible especially when it comes to fiscal deficits. After all, these are the very fiscal conservatives that we are talking about.
*Update:
As luck would have it, I came across this image below demonstrating who is more responsible for the debt situation.
There's just no way anyone with half a brain could suggest Obama has added more debt than all previous presidents combined. Well, I take that back. It's very possible Republicans talking on Fox News can suggest, despite clear and simple facts to the contrary, pretty much whatever it is they want with complete immunity. Case in point is quitter Sarah Palin.
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