Halve The National Debt?

I haven’t blogged recently as the necessities of keeping our business going has had to take preference.

Today I have a small break and need to comment on Obama’s answer to the question of his increasing the National Debt.

To no surprise he typically blamed the other guy and then phrased his reply as to mislead the listener.

First he stated that he “inherited a huge debt from George Bush”, true $1.3 trillion dollars, (picture a stack of $100 dollar bills over 615 miles high) then he said his plan (if successful) would reduce the national debt 50% in FIVE YEARS, lets say that’s true as well. We are led to believe he is reducing George Bush’s administration’s debt while “saving” the economy. Hurray Obama!

What he didn’t say is that he is increasing the National Debt to $9 trillion dollars (picture a stack of $100 dollar bills over 4,261 MILES HIGH – Latest estimates are approaching $11 trillion dollars – 5,208 miles high). Obama then claims he will reduce that debt by 50% to $4.5 trillion dollars.

The bottom line is that even if Obama’s plan works the National debt will be three and one half times (3 1/2 ), or a stack of $100 dollar bills 1515 miles higher than the debt he “inherited”! –

Will he ever speak the truth, I doubt it.