The Debt is not the same as the Deficit

[riqster]

And neither one is entirely Obama's fault: http://bluntandcranky.wordpress.com/2013/02/25/a-week-of-harsh-truths-day-two-the-debt-is-not-the-deficit/

[sinkingfeeling]

1. I would say neither one is Obama's fault.

[riqster]

2. You could make a case for that

I figure the deficit, maybe a small percentage can be attributed to him. The debt, that belongs 100% to the Reeps.

[sinkingfeeling]

3. The yearly deficits are going down.

[riqster]

4. As the blog post said.

My point is: some deficit spending is a good thing in recession. Obama did at first jack up spending ( not much, but a bit) in some carefully targeted areas, and achieved the stimulative effects he was aiming for. Since then, he has helped reduce deficits as you correctly point out.