Home 2012 races Three Graphs: Obama Deficit Reducer; Better on Debt than Reagan or Bushes

Three Graphs: Obama Deficit Reducer; Better on Debt than Reagan or Bushes

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When he claims the president has doubled the deficit, Mitt Romney is an extreme  liar.

First, as the graph shows, the President has reduced the deficit. The Red column on the graph represents George W. Bush’s contribution to the deficit. But serial liar Romney falsely claims Obama has doubled the deficit.  Not only has the president NOT doubled the deficit, the president has reduced it. The data are clear. Barack Obama has reduced the deficit more than two Bushes and more than Ronald Reagan. In point of fact, only Bill Clinton and Barack Obama have actually reduced the deficit.  

But as Rachel Maddow discussed today, amazingly Mitt Romney supposedly has more supposed “cred” on the matter of deficit reduction.  The new Washington Post poll shows that is the only element upon which Mitt Romney does better than the President.  

Second, the data show the debt left by recent presidents. Bill Clinton and Barack Obama have the best track record on the  subject of the debt.

Third, compared to other presidents, President Obama is NOT a big spender.

You have to wonder who believes the master at predatory practices and expanding the debt of beleaguered companies would reduce the deficit.  You have to wonder how the GOP candidate has the nerve to talk budget plans which do not add up.  The more you know about Mitt Romney the more you realize he is all hot air. And yet, apparently, too many Americans are deceived by the Romney fiction on the subject of the deficit and national debt.