Where Half of Obama’s National Debt Came From

There was a  Presidential debate between Mitt Romeny and Barack Obama on October 3rd, 2012. This was the first Presidential debate between Mitt Romney and Barack Obama. Now what is interesting about this was not so much the debate itself, but some commentary on the debate. For example, PBS discussed and commented on some of the statements that the candidates made, and did some “fact checking”. Mark Shields happened to bring up one of the most interesting points of them all. The point they made was that half of the national debt incurred under Obama’s 1st term was based on pulling out of Iraq.

Now I want you to realize this, around 3 trillion dollars of around 6 trillions of national debt incurred under Obama’s first term. Under 2 terms of George W. Bush, around 4 trillion dollars were incurred on to the national debt. Now Bush lead the US into an undeclared war with both Afghanistan and Iraq, and Congress approved to continue to fund this undeclared war. And when this undeclared war was said to be officially over, US troops occupied those nations. These nations continued to be occupied up to the 2008 Presidential Election. Barack Obama said that he would bring the occupation troops in Iraq back home within 16 months of his election as President. By 2011 the last troops were pulled out, but don’t mind the huge embassy. But he did flip-flop on promises of when pull out would be done of occupation troops in Iraq. (They are literally military troops occupying land in a foreign nation.)

One of the big points made against Bush was that he used the national “credit card” to pay for the “Wars” in Iraq and Afghanistan. He used the credit cards to get us into these occupations of foreign nations, and the debt rose by 4 trillion in 8 years of Bush doing this, or 7 years at least. But Obama would use the national credit cards to pull out of Iraq alone, which costs nearly half of the debt incurred by using the credit card under Obama’s watch. Just think about that when you realize that the troops are back from occupying foreign lands, instead of being stationed at home with their families and community and defending the continental boarders and US owned land.

Point blank: Promised to get out by a certain date and does not pull out by that certain date, but also being ambiguous on when it will happen until it happens after it contradicts some earlier states. Raised the national debt more than his predecessor, while at the same time obtaining half of it pulling out of Iraq.

But let us be fare to Mr. Bush and Mr. Obama. They can only order where the troops go and when they come back. But Congress controls the revenue and distribution of the revenue. So the people using the national credit card where Congress. Just ignore that last important part and enjoy the hypocrisy of 21st politics.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: