Wonder what you would find if you frisked President Obama’s campaign speech on July 3, 2008?
Answer: Apparently, it is irresponsible and “unpatriotic” to add $4 trillion to our national debt.
Interesting… Especially when this headline showed up on CBS News a couple days ago:
National debt has increased $4 trillion under Obama
The latest posting by the Treasury Department shows the national debt has now increased $4 trillion on President Obama’s watch.
The debt was $10.626 trillion on the day Mr. Obama took office. The latest calculation from Treasury shows the debt has now hit $14.639 trillion.
It’s the most rapid increase in the debt under any U.S. president.
The national debt increased $4.9 trillion during the eight-year presidency of George W. Bush. The debt now is rising at a pace to surpass that amount during Mr. Obama’s [first] term.
According to Obama, his own failed policies must have an “unpatriotic” element to them. After all, it was Obama and his Democratic Congress who managed to add another $4 trillion to our national debt in a quick two and a half years.
Democrats are trying to push back against Republicans who are using this story as ammo against President Obama’s campaign. They are attempting to use the dismal approval ratings of Congress to shutdown Republicans. The problem with this strategy is that the Democratic Party held the majorities in both the House of Representatives and Senate, but I guess they’re hoping the American people will be hit with amnesia. Also, if it is Congress’s fault for the extreme increase in our national debt, then wouldn’t it be then-Senator Obama’s fault for the trillions of dollars added on to our national debt under President Bush? Sorry, but you can’t have it both ways Democrats.
As for the Republicans, this video/audio clip is political gold for the 2012 presidential campaign and will soon be featured in dozens of political advertisements. Just wait and see.