BigBearJohn (8,105 posts)
GUESS WHAT? The deficit is $300 BILLION smaller today than when Obama took office!!!!!READ THIS!!!!
The wrong issue for the wrong candidate
To add a little historical context to this, over the last four decades, only two presidents have reduced the deficit this much, this quickly: Bill Clinton and Barack Obama.
Despite this fact, the new Washington Post/ABC News poll shows President Obama leading Mitt Romney on every major policy area except one: deficit reduction . It's an advantage the Republican is eager to exploit.
First, Obama, whether the public realizes it or not, has a record he can brag about when it comes to deficit reduction -- very few president in American history can boast about having inherited a massive deficit, then cutting it by nearly a fourth in just one term.
Second, while Romney's correct to note that the existing budget shortfall is still quite large, it's worth appreciating the fact that the main drivers of the remaining deficit are Republican policies. Indeed, Romney's own running mate was largely responsible for creating the mess Obama is trying to clean up.
But perhaps most important is the detail that's gone largely forgotten: Romney doesn't have a deficit-reduction plan. It simply doesn't exist. If you go to the Romney/Ryan "issues" page , you'll see 29 links. One mentions "spending," but there are no references to "deficit" or "debt."