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Young Americans for Freedom Give Ron Paul the Boot

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BishopX2/12/2011 7:55:07 pm PST

re: #388 albusteve

no, I mean the debt he needelessly quadrupled

you’re just plain wrong about this. The US debt (total money owed) is currently around 14 trillion. The deficit (the difference between budgeted spending and projected income) was 1.9 trillion in FY09 and 1.7 trillion in FY10.

The US has been running a deficit of approx. 500 billion since FY03, so if you compare Obama’s deficit to Bush’s average deficit (ignoring the fact that Bush ran a 1 trillion deficit in FY08) then Obama would have tripled the deficit.

But under no circumstances did Obama quadruple the debt. That’s pure wingnut talk.