Obama, Part II
S4E4 · 2013-01-24 · 60 min
From John Stossel's blog: President Obama told John Boehner that America does not have a spending problem. But we do! I was astonished to learn that in 2006, when George W. Bush was President, then-Senator Obama was actually upset about our national debt. From the Congressional Record: "I rise today to talk about America's debt problem... Our federal debt has increased by $3.5 trillion to $8.6 trillion. That is ‘trillion' with a ‘T'...It took 42 Presidents 224 years to run up only $1 trillion of foreign-held debt. This administration did more than that in just 5 years." That's true. But Obama's administration ran up another $6 Trillion in debt! Government now spends $3.5 trillion every year. How is that not a spending problem?! On tonight's show, we bring in comedian Reggie Brown to re-enact parts of that speech by President Obama. Our special correspondent, Kennedy, went to the Inauguration Monday to talk to the President's excited supporters.
The show’s own verdict is on its page.