I'm just exacerbated at this point. I have a question for the supporters of Barack Obama, is there ever going to be a time when you will step back from something he say. Will you ever call him on things he says, when it completely contradicts his earlier statements? Or will you just switch your talking points to his reversals, flip-flops and/or purposeful deceptions, and keep following blindly?
Case in point, the other day, president Obama went on the David Letterman show, which Wolf Blitzer said Obama performed wonderfully, and looked very presidential.
When Letterman asked the president about the US debt clock, and asked him if the people should be worried about the numbers flying by, the president said no. I’m paraphrasing him, but Obama said that short term US debt is not something we should worry about.
Obama On Debt: "We Don't Have To Worry About It Short Term" | RealClearPolitics
So monetizing our debt doesn’t matter because it’s just money we owe ourselves? But he said mid term and long term debt were a different matter. Letterman said he did not know what our debt was; which I thought said volumes about Letterman. Here we are with over $16 trillion in debt and this ignorant putz, who daily, tries to dictate political discussions to us, thought it was around $10 trillion.
Letterman went on to ask the president what our debt was, and Obama said he did not know “precisely” what it was. Well, either our president was being purposely obtuse and deceitful, or he is also a complete ignoramus.
In 2008, then senator Obama, chastised president Bush for running around with a credit card with our children’s name on it, and adding $4 trillion in US debt over eight years. Obama even went on to characterize Bush’s actions as “irresponsible” and “unpatriotic.” Obama has run up over $5 trillion in under four years, so how should we characterize that?
So what exactly is short term debt, and when does it matter? In 2008 the short term mattered, it mattered a lot, it matter so much that Bush was "unpatriotic" and "irresponsible." But in 2012 it suddenly does not matter, even though we have added almost $6 trillion more? Does it only “not matter” when he is president? Will the debt from 2008 still not matter in 2016, when Obama runs it up to $21 trillion?
Can, or does Obama fool you, by characterizing the debt as a non-factor, because we are always living in the now, and our debt can always be characterized as short term because it's now, and therefore, nothing to worry about?
If we were supposed to chastise Cheney for saying deficits don’t matter, back when our national debt was around $8 trillion, do we not chastise Obama for saying it doesn’t matter when we double that to $16 trillion or increase it to $21 trillion?