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Obama Addresses Deficit Critics

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Uploaded by on Mar 24, 2009

President Barack Obama says if he doesn't improve the education system and drive down the cost of health care that the economy won't grow at either his rate of 2.6 percent, or the congressional budget analysts' rate of 2.2 percent. (March 24)

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  • Bush-era Republicans waged two wars without paying for them, showered tax breaks on the very wealthy, phased out the estate tax they want to end permanently, passed a prescription drug plan rigged to keep drug prices high by barring Medicare from bargaining for better deals, and passed an unpaid-for Wall Street bailout. What a record!

  • Bush, whom I did not vote for, created the deficit. But why does that make it ok for Obama to spend money this country does not have. If he's for a different kind of politics, then why is continuing what Bush started. I didn't vote for Bush, but 2 wrongs don't make a right.Any leftover stimulus money needs to be used to pay down the deficit.

  • @msmithstud RIDDLE ME THIS- WHO CREATED THE DEFICIT AFTER COMING INTO OFFICE WITH A RECORD SURPLUS? BUSH OR OBAMA?

  • I love how Obama supporters slam Bush for increasing the deficit when republicans slam Obama's spending. Bush isn't in office anymore but Obama is.

    The deficit is now his problem, and two wrongs don't make a right. This nation will go bankrupt if this shit keeps up.

  • This man had the chance to be one of the great presidents of history. But in his first act of office, signed a so-called 'stimulus bill' that was so pork laden with new programs and spending that is added far more to the deficit than Bush had during his entire term of office. He should have vetoed the bill, and sent it back to take out the pork, like he promised he would, and then signed what we really needed. Instead, he's shown to be a simple clerk for the party elite, and signs anything.

  • Point No. 1 = keep the sheep distracted with trivial entertainments.

    Point No. 2 = pass laws without giving people time to read them.

    Point No. 3 = smile for the camera and say everything is cool.

    You go Obama.

  • How come Americans voted Obama when they got so many colleges & univesities. Do they study Economics & History. Whole world opposes Obama plans, even Czech republic & china. I know my comments would offend Americans, but if you do not believe check it out:

    news[dot]bbc[dot]co[dot]uk/2/h­i/europe/7963359.stm

  • Oh Obama... I hope history can be kind on you. You have a lot of ideas that I hope the USA can be ready for.. I mean, we have to be ready for them, else we be left in the dust.

  • Laura Ingraham said on her radio program that 1/3 of Americas medical services are run by Catholic Community Services.

    Who would benefit from Universal Health Care?

    It is funny that the word Catholic means "Universal".

    Look at all the Catholic politicians that are pushing socialist policies.

    Look at the Judas Priest Republican politicians and their deadbeat confrontations with Democrats like Boehner, Steele, McCain. They are Catholic, and we wonder why there is no Protest by Republicans!

  • Translation: "You repugs had such a good time spending like drunken sailors, now let us dems do it, after all debt is the American way."

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