CBO: During Obama’s Watch the Federal Govt Recorded the Largest Budget Deficits

Federal Debt

(CBO) “Between 2009 and 2012 the federal government recorded the largest budget deficits relative to the size of the economy since 1946 causing its debt to soar.”

Flashback: Remember in September 2013 when President Obama boasted the U.S. budget deficit has been cut in half adding,”Our deficits are now falling at the fastest rate since the end of World War II, I want to repeat that. Our deficits are going down faster than anytime since before I was born.”

Earlier today I wrote here that White House Press Secy Josh Earnest claimed on Monday, the Obama administration’s foreign policies in a number of areas have enhanced the world’s “tranquility” subsequent to Obama’s statement in June that “the world is less violent that it has ever been.”

What parallel universe does Obama live?

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