Enough indicted to start a football team Obama NONEThe Great Obama cut deficit spending in a weak economy recovering from recessionAccomplish this BKUnlike previous US Presidents, Trump is not respected as a leader nor is he trusted. He is openly mocked around the worldWhich is currently revolving around him, along with the rest of it.![]()
We've seen "our deficits cut by two-thirds."
— Barack Obama on Tuesday, January 20th, 2015 in his 2015 State of the Union address
Barack Obama claims deficit has decreased by two-thirds since taking office
By Katie Sanders on Tuesday, January 20th, 2015 at 10:57 p.m.
When President Barack Obama reflects on 2014, he brings up a litany of highlights that include drawing down the Afghanistan war and Americans signing up for health insurance thanks to his health care law.
Oh, and slicing up the deficit. Obama is super-pumped about that. He made a point to brag about the deficit's drop in his 2015 State of the Union address.
"At every step, we were told our goals were misguided or too ambitious; that we would crush jobs and explode deficits," Obama said. "Instead, we’ve seen the fastest economic growth in over a decade, our deficits cut by two-thirds, a stock market that has doubled, and health care inflation at its lowest rate in fifty years."
Is he right about the deficit dropping by two-thirds?
What the White House says
As a reminder, don’t get the deficit twisted with the debt. They are only related, not the same.
The country’s annual deficit is the difference between what the government collects in revenues and spends in one year. The national debt, which exceeds $18 trillion, is the net of annual deficits minus any annual surpluses.
To back up his claim, Obama is comparing his first budget year in office -- 2009 -- to 2014.
The White House is breaking down the deficit as a percentage of Gross Domestic Product, or GDP, and not actual dollars. Economists told us this is a valid way of analyzing the deficit, because it factors in the economy’s change over time. The White House sent us this chart, which relies on data from the White House Office of Management and Budget.
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Crooked Donnie raised the deficit in a strong economy
The problem with you is you have NO FACTS...just guesses... READ the below and maybe FACTS might change your mind!
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60 Accomplishments?
Is that the number of his staff that have been indicted or fired?