Oliver North
WASHINGTON -- According to the pundits and politicians, this election is all about the economy. We're all supposed to know that -- because we're not stupid. That's why the Republicans had a "national debt clock" over their convention floor in Tampa, Fla., and the Democrats didn't have one in Charlotte, N.C.

To no one's surprise, the Dems didn't remind anyone in the Charlotte Convention Center that our national debt topped $16 trillion on the opening day of their conclave -- a 50 percent increase during the Obama presidency. The so-called mainstream media played along and focused instead on the change of venue for Barack Obama's outdoor acceptance speech from the 74,000-seat Bank of America Stadium -- echoing O-Team claims that the move was weather-related. Republicans said the change was precipitated by fears of empty seats.

It probably isn't fair to expect the potentates of the press to remind Americans that when he ran for president in 2008, Obama blasted President George W. Bush as "irresponsible" and "unpatriotic" for piling up $4 trillion in new debt during his eight years in office. When your children and grandchildren ask how all this could happen, you're supposed to tell 'em it's "Bush's fault." At that point, they may really want to push Grandma off a cliff.

As we heard from so many speakers in Charlotte, it's also Bush's fault that Obama's 2009 promise to "cut the federal deficit in half" hasn't been fulfilled. Then it was $1.4 trillion. Now it's $1.2 trillion. But who's counting. Blame Bush. The O-Team just needs more time.

And then there's unemployment. In 2009, when he was pushing his stimulus package through Congress, bailing out hand-picked car companies and "investing in green businesses," the president told us he would cut unemployment to 6 percent. Now, 46 months into the Obama administration, it's still higher than 8 percent. Mr. Hope and Change now says that he needs four more years to "fix America's economic problems." Don't forget; it's Bush's fault.


Oliver North

Oliver North is a nationally syndicated columnist, the host of War Stories on the Fox News Channel, the author of the new novel Heroes Proved and the co-founder of Freedom Alliance, an organization that provides college scholarships to the children of U.S. military personnel killed or permanently disabled in the line of duty. Join Oliver North in Israel by going to www.olivernorthisrael.com.