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Proof: Obama's Deficit-to-GDP Ratio is the Highest in Decades

ertertads Wrote: Jul 13, 2012 10:51 PM
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Seems like it's time for some fun with facts: deficit edition! First, take a look at Obama's speech about the Bush Tax Cuts from earlier this week, in which he gives his predictable class-warfare spiel about how the wealthy need to pay more in taxes (notably -- mercifully -- he left out that God-awful phrse "fair share"). In this excerpt, Obama is speaking about how tax cuts for the rich ruined the economy and caused mass deficit increases:

And what happened? The wealthy got wealthier, but most Americans struggled. Instead of creating more jobs, we had the slowest job...