Hawkeye wrote:subgenius wrote:Nope, it's mostly correct. Democrats, especially those trying to defend Obama's economic fallacies, love to confuse deficit and debt - like you here.
But when one is an adult, and hair fire free, one understands that the two concepts are distinct from each other. Get thee to a basic economics class.
No that is incorrect. The only people confusing debt and deficit are idiots like you who never understood either until we educated you on the subject years ago. Only the really, really dumb people are still propagating this old refuted meme about Obama spending more than all Presidents combined. No surprise you're among them. Obama brought down the deficit at record levels, that's just a fact. The debt was skyrocketing as he took office primarily thanks to funding Bush's dumb wars along with his tax cuts for the wealthy. Babyboomers retiring by the thousands every day also adds mandatory government spending that has nothing to do with Obama. So none of that constitutes "Obama spending" money. The deficit as a percentage of GDP was a whopping 9.8% in 2009 and was reduced every year Obama was in office to just 2.4%. No person in their right mind who understands the federal budget would ever attribute $10 trillion to "Obama spending."
the poster only mentioned "debt" but your moronic post echoes the prior moronic post by only mentioning deficit.
check your local community college for an economics class.