US deficit to hit $583 billion in 2014. Obama’s fault.

US deficit to hit 583 billion. Obama's fault.

As Dick Cheney taught us during the Bush years, “deficits don’t matter.” And Bush and Cheney showed us just how much they didn’t matter by taking Bill Clinton’s useless surplus and–thanks to two wars, massive, unfunded tax cuts, and one huge crash/big-bank-bailout later–turning it into a healthy $1.41 trillion deficit.

In just five years, Obama has taken the Bush-Cheney deficit and shrunk it by an incredible $827 billion to just $583 billion in 2014. (Fox News has the full report: http://www.foxnews.com/politics/2014/07/11/white-house-2014-deficit-to-drop-to-583-billion/.)

Clearly, Obama didn’t get the memo that the only thing that can save us is more wars and more tax cuts for the rich.

Instead, he’s killed Bin Laden, ended foreign wars, brought healthcare to more than 20 million, created 9.9 million jobs in a record 53-month streak of job growth. And to top it all, the economy is now growing at a 4% rate.

He’s done it all with out any help from the GOP. No wonder Republicans are mad at him.


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