Obama ran up the debt. Argue if you wish that you believe he had valid reasons to but I simply noted that like Trump he cut taxes and ran up the debt. He did.
Yes Obama ran up debt. Just not the amount that the republican you replied to stated.
All presidents do. However Obama was handed an economy in free fall. He had to spend to save our economy. It's basic economics. If he had not done that all you have to do is look at what hoover did to cause that depression and for it to last for as long as it did and for it to get worse than it could have been if the proper economic policy had been followed at the time.
While all presidents do incur debt, democratic presidents do it at a much slower rate. At least since reagan. Since that time it's been republican presidents who add huge amounts to our national debt and budget deficit. Clinton had the reagan/bush budget deficit eliminated. He balanced that mess reagan/bush left him. Created hundreds of billions in surplus, added to the national debt at a much slower rate than reagan/bush, had paid back the money reagan/bush had stolen from social security and and stopped the theft from the fund. He left a plan to have that reagan/bush national debt paid by 2010. Clinton wrote balanced budgets. reagan/bush never did that. The bush boy came next. He like reagan/bush before him, never wrote a balanced budget, he restarted the theft from social security, drastically slashed taxes and kept most of his war spending off the general budget. He left office while our economy was collapsing. Obama was handed just under 13 trillion in national debt and 1.4 trillion in budget deficit. He took that national debt to over 19 trillion and slashed the budget deficit by nearly 1 trillion down to 400 and something billion.
Obama didn't cut our taxes. He increased taxes on the rich and left the rates the same for everyone else. The bush boy tax cuts were going to expire. A part of the stimulus was keeping the tax rates the same on everyone but the rich.
We were lied to. The reason we have Trump is because President Obama was not the person Candidate Obama said he would be.
That's why Sanders is doing so well. Basically Sanders platform is Obama's original platform.
Did the establishment know he was lying cause them to not panic like they are doing with Sanders?
Oh yes, Obama lied to us about many things. He brought many from the private investment and Wall Street sector to his administration just like presidents before him. He was corporate just as the establishment is. The establishment is corporate America. It has been for a very long time.
He spent like all presidents do but not at as high rate as republicans before him.
He wouldn't have had to rescue the economy if it wasn't collapsing as he was being sworn in.
He had a congress that didn't work with him. Even to the point that budgets became continuing bills from the old budget because congress refused to compromise and allow democracy to work properly. They filibustered everything sent to the Senate from the House in the first 2 years. When the House went to republican hands, almost every bill in the senate was filibustered by the republicans until they took control of the senate. Then the democrats filibustered everything when they lost the majority. If the congress had worked with Obama I think more things could have been done.
I don't know why the democratic establishment is panicking. I've been a registered Independent since 1978. They should know that most of what Sanders wants to do has to go through congress and congress isn't going to pass much of any of it.
So we get what we have had since Obama. Government by executive order.