Often times people are misguided by reporters as jouralistic ingeridty and bias come into play. We all have our bias opinions, good, bad or indifferent, its part of who we are as human beings. In response to Bob Cesca’s The Truth about President and the Deficit Via the Hunington Post, We would like to respond with cold hard math and rationalization instead of personal bias.
According to this Governmental Report, which shows historical spending / budgetary data, You will find that spending has steadly increased, along with the decifit with the Exception of Bill Clinton in his Second term, Every President since 1980 has increased spending, including the modern Republican poster child, Ronald Reagan.
The Goverment went from a Surplus to a deficit under the Bush Administration, ramping up our national debt to 10 trillion by the time Obama took office. The Obama administration has spent nearly nearly 1.25 Trillion dollars per year in office skyrocketing the debt up to 15 Trillion dollars, more than any other president in history. This massive spending along with fiscally irresponsible polices has lead to the U.S. losing its Tripple A credit raiting, making the cost of imported goods more costly while further weakening the economy.
Added to it historic levels of chronic unemployment, a floundering economy and mass expansion of goverment, its no wonder the Obama is campaigning and using offices of the Presidency to attempt to get re-elected.
So next time Bob Cesca, you decide to write an article with the word “Truth” in it, why not actually be a journalist, spend some time looking the figures up yourself instead of relying upon another website to all but hand feed you some very inaccurate data in which you base your personal bias and assumptions.
–Other Sources –
- CBS – National Debt has increased more under Obama than Bush
- Academy Computer Services
- The US Treasury
- US Government Spending
- The WhiteHouse 2013 Budget