President Obama insisted that he’s cut the deficit by $2,000,000,000,000 since he took office. That’s laughable because his deficits have totalled $6,000,000,000,000 since he took office. Sen. Rand Paul’s explanation to Chris Wallace is spot on:
Here’s the transcript of Sen. Paul’s reply:
He said in his speech that he’s reduced the deficit by two trillion. Well, he added $6 trillion. That means that because he didn’t add $8 trillion that he’s reduced it by $2 trillion?? That’s absurd. He listed about 50 new programs saying oh there not going to cost you anything. We’re going to squeeze this money out of the rich. The problem is that whenever he tries to squeeze more money out of the economy, he’s slowing it down.
First, the economy isn’t improving. It isn’t in a total tailspin but it isn’t recovering, either. Second, Washington, DC is the only place where running $6,000,000,000,000 in deficits would be considered cutting the deficit. Third, President Obama’s predictions aren’t predictions. They’re lies meant to keep the gullible trusting him.
The reality is that President Obama isn’t about honesty. He’s totally about implementing a radical leftist agenda, then using the rest of his term to cement that ideology into the citizens’ minds. That would make it much more difficult for Republicans to repeal this administration’s ‘accomplishments’.