This posting is in response to a Graphic that the LEFT is throwing out there. I found it on a Facebook page called ‘Go Left‘.
Let us review some facts on spending, debt and the root cause of our economic downturn.
Jan. 3, 2007 110th Congress takes their sworn Oath of Office. The Democrats hold a Majority in both the House & Senate. The TOTAL Debt BEFORE they took over ~ $8.5 Trillion. (see Chart below)
2007 Debt = ~ $9.0 Trillion — 0.5 Trillion INCREASE
2008 Debt = ~ $10 Trillion— 1 Trillion INCREASE (1st year EVER for that much DEBT INCREASE in HISTORY) Note: Barack Hussein Obama Wins the White House via massive Voter Fraud and Full support by a Main Stream Media that refuses to do THEIR J-O-B!
2009 Debt = Over $12 Trillion (Dems control House, Senate & the White House) and an over $2 Trillion INCREASE. Congratulations—- A NEW WORLD RECORD!
Note: During 2009, while all of this SPENDING was going on, a RAG TAG group of people, just a handful of people too if you believe the Liberal MSM, started to meet with each other. Say “HELLO” to a JUST A FEW of my BUDDIES!!
2010 Debt = Just UNDER $2 Trillion INCREASE to ~ $14 Trillion (AND they spent roughly 3 months campaigning and LOST control of the HOUSE to the Republicans)
2011 Debt = Republicans slowed the $2 TRILLION INCREASES to almost HALF and total Debt is a little over $15 Trillion
And ANOTHER RECORD set by the Dems, it’s been over 1200 DAYS since the Senate has passed a budget.
Summary: The 4 BIGGEST DEBT DRIVERS are Pelosi, Reid, BHO and democRATS! $5.5 TRILLION INCREASE (14Tril – 8.5 Tril = 5.5) in ONLY 4 years from 2007 through 2011!
Stimulus = Fail; Clash for Clunkers = Fail; Auto Bailout = FAIL; Solyndra/Green Initiative = FAIL; Root Cause of the poor economy NOW was the Frank/Dodd financial policy w/ Fannie Mae and Freddie Mac…. and I could go on & on, but it’ll just make the Liberals mad.
Respectfully submitted by SilenceDogood2010 this Twelfth Day of August in the Year of Lord, Two Thousand Twelve.