The real "Inconvenient Truth"... for Obama
If anyone actually believes the downgraded US debt was a result of the Tea Party, I have a bridge I’d like to sell you. The fact is the National debt when Obama took office was $10.6 TN. In just 2.5 years, his policies have added nearly $4 TN to that number. To put that number in some perspective, Obama has spent 10x as much (even adjusted for inflation) than FDR spent during the height of the depression.
The truly amazing thing is that now some Democrats—particularly WH Chief of Staff David Axelrod—are making the ridiculous claim that the downgrade was somehow brought on by the Tea Party. His logic is laughable at best. The “Inconvenient Truth” for Axelrod, Obama and the rest of their crew is that the Tea Party has loudly been advocating for this thing called a ‘Balanced Budget Amendment’, which would require all future congresses—whether they be controlled by Republicans or Democrats and no matter whether the President is a republican or democrat—to pass a budget that is, wait for it… balanced.
So, to anyone listening to Mr. Axelrod (or the others) in the coming days and weeks, I would simply caution you to “be careful not to step in the bullshit.”