Quote:
Originally Posted by NewNick
Obama took office mid financial crisis.
All of the western economies saw their deficits double or treble in the period after 2008.
It really is quite ridiculous to say Obama fucked things up and caused the deficit.
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many countries did indeed experience significant debt growth, many however did not, for example: germany, denmark, sweden, austria, etc..
so claiming doubling national debt was inevitable, is just as ridiculous... to be fair, it was indeed partially due to poor economic conditions, but a lot of the blame should go to the uncontrolled spending by the Obama administration...