Double Standards
(CNSNews.com) – House Minority Whip Steny Hoyer (D-Md.) said Republicans are asking the middle class to “pay the price for the fiscal irresponsibility†of the Bush Administration, “where much was spent and little was paid for,†Tuesday, on Capitol Hill.
As CNSNews.com previously reported, in less than four years since President Barack Obama took office, the debt of the federal government has increased by more than $5 trillion ($5,027,761,476,484.56).
Under two full terms of President George W. Bush — 8 years — however, the federal debt increased by $4.8 trillion ($4,899,100,310,608.44).
The $5 trillion additional debt added during President Obama’s 39 months in office is more than the federal government accumulated in the first 219 years of the Republic. The President has also presided over four straight years of trillion dollar deficits.
If it weren’t for double standards, Democrats and the media would have no standards at all.