Delusional Obama: ‘The Truth Is, Our Deficits Are Already Shrinking’

Posted by on Apr 06, 2013 at 10:00 am

C’mon, even he can’t believe the crap that dribbles from his lips. Does he really elieve anyone’s going to buy this nonsense?

“Now, the truth is, our deficits are already shrinking. That’s a fact. I’ve already signed more than $2.5 trillion in deficit reduction into law, and my budget will reduce our deficits by nearly $2 trillion more, without harming the recovery. That surpasses the goal of $4 trillion in deficit reduction that many economists believe will stabilize our finances.”

Obama is here referring to our yearly deficits, not the sum total of our debt, which is growing at an astonishing pace.

The truth is, our debt continues to grow.

When Obama became president, on Janaury 20, 2009, the debt was $10,626,877,048,913.08. The total outstanding public debt is now, according to the federal government, $16,798,051,589,934.68.

Since taking Obama became president, debt has increased by more than $6 trillion.


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3 Responses to “Delusional Obama: ‘The Truth Is, Our Deficits Are Already Shrinking’”

  1. low informationista on 6/06/13 at 6:39 pm

    He is so cool though. What a rockstar. Whatever price is worth it to have a dear leader who loves us.

  2. MT Geoff on 8/08/13 at 1:04 pm

    It’s possible that the deficits will grow less than his original plans would have seen them grow. But gaining weight slowly, while better than ballooning, is still gaining weight. And ballooning a little less quickly is better than ballooning even faster, but it’s still ballooning.

  3. Blue Hen on 9/09/13 at 8:47 am

    What a wonderful dear leader he is. All of the accounting tricks are on display, including boasting of the Ghost of Federal Spending yet to Come. All this from the asshole that claimed that such things were unpatriotic.