Obama administration sells a tale: “We’re not adding to the debt”

Oh come on now. President Obama’s own budget clearly shows there will be a deficit for years to come. For the next couple of years, we’re talking about $1 trillion-plus each year. Somehow, the president and Jay Carney, the new White House spokesperson, wants you to believe those future deficits do not mean they are adding to the national debt!

Sister Toldjah has it right. It’s comedy gold. Watch the entire video or skip to about 3:20.

And don’t forget, Obama’s own budget shows we’ll be quadrupling debt interest in just ten years.

Update: Ed Morrissey at Hot Air calls it the blizzard of baloney.

When does borrowing not create debt? Only in two instances: when one has no intention of paying it back, and when Barack Obama does it.

5 replies
  1. Tim-in-Alabama
    Tim-in-Alabama says:

    It's good to see reporters continue to pressure him after he tried the ol' fallback excuse of, "It's Bush's fault."

  2. Plainvillian
    Plainvillian says:

    Oh.  My.  God.  This is the best spokesman for 'the most enlightened administration in decades'?  Anyone who believes anything this weasel or this administration says deserves the rotten future they'll get.

  3. Wayne SW
    Wayne SW says:

    Pinnochio has some serious competition! If our nation was in such a fiscal mess from over spending, this could become a prime time sitcom……stay tuned for next week "when the teleprompter goes Rogue!"

     

    We are sooooooo doomed.  Is it Nov. 2012 yet?

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  1. […] if you will. All of those ideas were virtuous, and those goals “have been met.”Huh? Yesterday, we were no longer adding to the national debt, and today all of the goals of the stimulus spending […]

  2. […] and how Jay Carney sat there at the White House and tried to convince reporters in the room that continued trillion-dollar deficits did not add to the national debt. Christie has it right. Leaders are supposed to lead, not sit back and see if other […]

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