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Nutty Nancy Pelosi lets America know who’s to blame for $9 trillion in debt added since Obama’s been president

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By Doug Powers  •  January 13, 2017 06:11 PM

**Written by Doug Powers

Here’s a hint:

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President Obama’s being completely removed from the blame loop because Nancy Pelosi’s going to go straight from 16 years of “blame Bush” to an as yet indeterminate number of “blame Trump” years:

House Minority Leader Nancy Pelosi blamed former President George W. Bush and the Republicans on Friday for the more than $9 trillion that has been added to the national debt under President Obama’s watch.

Pelosi argued that under Obama, the annual budget deficit, which contributes to the national debt, has been reduced dramatically, and said that without Obama’s work, the national debt would be even higher. She also mostly blamed Bush for not paying for the wars in Afghanistan and Iraq.

“When President Obama stood on the steps on the Capitol eight years from next week, the [budget] deficit was $1.4 trillion — one year deficit,” she said. “It’s reduced by 70 percent in his administration. Much of the increase in the national debt that has occurred from this time still springs from two unpaid-for wars, cost that we owe our veterans following that, giveaways that they gave to the pharmaceutical industry, and the high-end tax cuts that have carried forward without any job production. Absent the work of President Obama, this national debt would be even higher.”

Did you catch that? Obama had a hand in adding only $9 trillion in debt in eight years, and we haven’t even bothered to thank him. Why has Bush continued to be so unpatriotic these last few years?

**Written by Doug Powers

Twitter @ThePowersThatBe

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March 14, 2017 12:27 PM by Doug Powers

right

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obamamoney

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Categories: Barack Obama, Politics

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