General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDoes the lame assed phrase "Obama added more to the debt than all other president combined" include
the fucking deficits of previous presidents?
Oooooohh how I want to spank a monkey
Pretzel_Warrior
(8,361 posts)When he wasn't even president to arrive at that conclusion.
LaydeeBug
(10,291 posts)lapfog_1
(29,205 posts)and Obama put the Iraq war "on the books"
Dark n Stormy Knight
(9,760 posts)Crabby Appleton
(5,231 posts)is a good source for the numbers. Table 1.1 and Table 7.1 are good starting places.
http://www.whitehouse.gov/omb/budget/Historicals
Make7
(8,543 posts)Some pertinent data:
10/01/2001 5,806,151,389,190.21
01/20/2009 10,626,877,048,913.08
09/30/2009 11,909,829,003,511.75
10/01/2009 11,920,519,164,319.42
10/11/2013 16,747,411,584,091.53
http://www.treasurydirect.gov/NP/debt/current
If one goes by the budgets of fiscal years that were signed by a particular President, George W. Bush saw the public debt more than double. President Obama is nowhere near that percent increase.
If one goes by inauguration dates, President Obama has seen the debt rise in dollars more than George W. Bush - although certainly nowhere near all previous Presidents combined.
Always ask to see the math - often it is based on nonsense.
Deep13
(39,154 posts)..it is still inaccurate to say that Obama added it. Congress cuts taxes and spends money, not the POTUS.
brush
(53,788 posts)all those billions was purposely not included in Bush's budgets so it would look like he was increasing spending. President Obama promised transparency and put those costs on the budget. That's why the dishonest repugs claim that.
O has actually cut the deficit by billions but the repugs keep repeating their talking points even though they must know they are not true.
B Calm
(28,762 posts)who has control of congress?
Motown_Johnny
(22,308 posts)More debt was added while President Obama has been in office, but that does not mean that he added the debt.
It is the President who signed the laws which caused the debt who is most responsible.
Over 80% of our debt was signed into law by Republican Presidents.