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.
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