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Steelers Politic Talk
Posted On: 11/07/2012 7:29:25 AM
Post# of 1903
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Posted By: Lmcat
Re: equijohn #1556

I wonder what the federal deficit will be in another 4 yrs.


"Today I am pledging to cut the deficit in half by the end of my first term in office," President Barack Obama boldly declared on Feb. 23, 2009.


Under Obama, America has made history: four consecutive annual deficits surpassing $1 trillion. After FY 2009's $1.41 trillion hole (which he and an all-Democratic Congress could have filled), the next three deficits were, respectively, $1.29 trillion, $1.3 trillion, and $1.1 trillion.

Thus, Obama has swelled the national debt by $5.1 trillion, all in one term. Another record.

America cannot continue on this road and I doubt BO can make a U-Turn!


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