In his press conference last night, the president said he “inherited” a $1.3 trillion annual deficit. Guess this former constitutional law scholar has lost sight of the document which ostensibly served as the center of his legal studies.
According to that august document, Article 1, Section 8, “The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States.” For the last two years of George W. Bush’s Administration when the deficit spiked, Democrats, the incumbent president’s party, controlled Congress. Obama, as a Senator from the great state of Illinois, was part of that majority. This fact has led one blogger to ask,
What did Obama do to reduce the deficits as the Senator from Illinois? What legislation did he author? What opposition did he provide to the high-spending policies of Nancy Pelosi and Harry Reid in 2007 and 2008?
Unless President Obama can provide evidence of such opposition, he shares responsibility for the deficits he claims to have inherited.