In this year's Republican primary farce there is a more or less constant drumbeat around Obama and the national debt. FactCheck.org, a site that Common Sense thinks is well worth subscribing to published a factual and very informative article. Here's the gist of their analysis:
What interesting about this is that both Republicans and Democrats have so distorted the facts as to rise to outright lying!
Republicans would have us believe that Obama is responsible for the worst increase in the national debt. He's not! The Republican sainted Ronald Reagan actually increased the national debt by almost 5 times as a percentage as Obama albeit on a dramatically lower base. GW Bush who's policies largely brought us the current economic crisis increased the national debt by a larger dollar amount and a larger percentage (again on a much smaller base).
Democrat's hands are almost as dirty on this issue. Nancy Pelosi has circulated a 35% increase in the national debt under Obama based on some dated data. But that's not true either. Mr Obama has increased the National Debt almost as much as Mr Bush.
In defense of Mr Obama, he inherited Mr Bush's collapsed economy and financial crisis, and a do nothing Republican House that steadfastly refuses to recognize that to address an out of control unbalance budget it is necessary to both cut spending and raise taxes. That's just common sense.
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