What a difference three years makes. Remarks by Obama in July 2008.
Of course, during the presidential debates, then-Senator Obama blamed the bad economy on the deficits.
“The problem is, is that the way Bush has done it over the last eight years is to take out a credit card from the Bank of China in the name of our children, driving up our national debt from $5 trillion dollars for the first 42 presidents -- number 43 added $4 trillion dollars by his lonesome, so that we now have over $9 trillion dollars of debt that we are going to have to pay back -- $30,000 for every man, woman and child. That's irresponsible. It's unpatriotic,” Obama said on July 3, 2008, at a campaign event in Fargo, N.D.
Of course, during the presidential debates, then-Senator Obama blamed the bad economy on the deficits.
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