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The Campaign Spot

Election-driven news and views . . . by Jim Geraghty.

Romney, RNC Kick Off Debt & Deficit Week



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As mentioned below, this is “Debt and Deficit Week” for the Romney campaign. It’s the rhetorical equivalent of fish in a barrel.

This morning, the Republican National Committee takes batting practice on President Obama’s big promises, bigger disappointments, and biggest deficits.

It is a bit maddening how the debt comes and goes as a resonant issue… but it just grows, bigger and bigger.

As of May 10, the debt is $15.67 trillion. The day President Obama took office, it was $10.62 trillion. So Obama has now run up roughly $5.05 trillion in debt in less than four years. For comparison, the national debt increased $4.9 trillion during the eight-year presidency of George W. Bush.

Remember, on the campaign trail, Obama said that adding $4 trillion in debt over Bush’s eight years was “irresponsible” and “unpatriotic.”

And of course, while discussing his budget plan in 2008, Obama “I am cutting more than I am spending.”

 

But perhaps the best illustration of spending under Ronald Reagan, George H.W. Bush, Bill Clinton, George W. Bush, and Barack Obama comes from PoliticalMath.com:


Tags: Barack Obama , Debt , Deficit , RNC


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