Tuesday, January 24, 2012

Debt Lies By Obama...True Chart Shown

From the Washington Post: on the obvious Lies in the Chart above.

"... this chart, originally created by the office of House Minority Leader Nancy Pelosi, is as phony as a three-dollar bill. Our friends at PolitiFact did a pretty thorough takedown of it in May, giving it their worst rating: “pants on fire.” They even caught the Pelosi people in a bad mathematical error, based on the fact that the Democrats calculated the numbers as if Obama took office a year later than he did." 

The Obama Administration has failed so miserably, that it is forced to lie to the American people to attempt to get reelected.  Remember, Obama looked the American people in the eye and stated, "...we have not added one dollar to the National Debt."


"If the chart were recast to show how much the debt went up as a percentage of GDP, it would look pretty bad for Obama after not even three years in office. In fact, Obama does almost twice as poorly as Reagan — and four times worse than George W. Bush."
Reagan: plus 14.9 percentage points
GHW Bush: plus 7.1 percentage points
Clinton: down 13.4 percentage points
GW Bush: plus 5.6 percentage points
Obama: plus 24.6 percentage points

The truth is that Obama has produced more Debt in 3 years, than Bush has produced in 8 years.

The chart clearly shows that Obama's projected 4 year Debt accumulation is over double that of Bush's 8 years of Debt.

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