Tuesday, May 20, 2014

Obama's Biggest Failure

In the below video, President Obama pledged to cut the national debt in half by the end of his first term. He cited the fact that interest on our national debt was more than we spent on education and veteran's health, combined. When Obama became president, the national debt was at $10.6 trillion, and the budget deficit was at $458 billion. Today, the deficit is over $17 trillion, and the budget deficit is at $1.1 trillion. Not only has Obama not kept his promise to "cut the deficit in half." He is on target for doubling it. This is the biggest financial crisis America has ever seen, and it dramatically weakens our country.

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