RollinThundr wrote on Mar 21, 2012, 08:30: "By the time his fiscal year 2013 spending has fully gone into effect, Obama will have added a full $5.823 trillion to the debt," he said. "Obama cannot blame his predecessors. By his policies alone ... Obama will have increased the national debt by 46.9 percent by the end of calendar year 2012."
But hey It's Bush's fault, the same ol song and dance we've had for the Obmessiah's entire term.
The main source of problems driving up the debt is the refusal of Republicans to roll back the Bush era tax cuts. These are tax cuts that impact only the most rich and have driven the tax base to be so enemic it's the lowest it's been in years. This activity is what led to the rise of the Occupy movement. The middle class are sick of the rich getting a free ride off their backs. What I find most ironic is Republicans have made a Christ Head out of Regan. Regan RAISED taxes on the rich. These taxes are FAR lower than taxes on any regime prior including Regan and Bush Sr. Jr's decimation of the tax base, the refusal due to intransigence in the house to repair this damage and the continued cost of two wars one of which was entirely unnecisary and undermined the efforts to stabalize the region is continuing to be paid. So yeah, you know what? Obama is not perfect but you can't fix the dog's breakfast left behind by a corrupt olligarch and his puppet president henchman in three years. If it was so easy how would you do it? Why don't you run for president and 'fix things' honestly arm chair politicians are more annoying than arm chair quarterbacks.