"a Bloomberg News analysis shows, these initiatives added $3.4 trillion to the nation’s accumulated debt and to its current annual budget deficit of $1.5 trillion. [...]There’s plenty of blame to go around,” for the debt, said Robert Bixby, executive director of the Concord Coalition, an Arlington, Virginia-based group that advocates for balanced budgets. “If there had been no Barack Obama, we would still be bumping up against the debt limit."
Thursday, July 28, 2011
The Deficit is Obama's Fault
okHere's the party of "Personal Responsibility" after voting for the biggest contributors to the debt — the wars in Afghanistan and Iraq, the Bush tax cuts, and President Bush’s Medicare prescription drug plan — which helped to double the debt over the past decade: