“Meanwhile,” wrote the editors of the Wall Street Journal in April, commenting on President Obama’s invocation of the idea of “Social Darwinism” in criticizing the Ryan budget,
. . . the budget has grown by more than 20% since [Obama] has been President. After deficits of $1.412 trillion, $1.293 trillion, and $1.299 trillion over the last three years, and an estimated $1.326 trillion due for 2012, he still claims the deficits are all Mr. Bush’s fault—except for the extra spending on Medicare, which he likes.
Still blaming Bush even after telling Jay Leno at the dawn of his administration “was “trying to break is a pattern in Washington where everybody is always looking for somebody else to blame.”
“On January 20, 2009, the day the incumbent took office, the national debt stood at $10.627 trillion,” As I write this, it stands at $16.235 trillion, an increase of $5.608 trillion, $709 billion more than the debt accumulated under his predecessor — in two terms. Now comes a report saying “U.S. Per Person Debt [Is] Now 35 Percent Higher than that of Greece“:
“On a per person basis, that means U.S. debt is $53,400 for every man, woman, and child, compared to $39,400 for every man, woman, and child in Greece. The disparity between per capita debt in the U.S. and Greece has grown 40 percent (roughly $8,400) since 2011. Now, U.S. per person debt is 35 percent higher than that of Greece, and is also higher than per capita debt in Portugal, Italy, or Spain (which together with Greece make up the so-called PIGS countries).”
We’re out of money. We’re broke. As Sarah Hoyt put it, “We’ve come to the end of cake.” And instead of trying to work with Republicans who have put forward ideas on how to cut the budget, Obama has compared them to Social Darwinists, without putting forward his own plan to deal with the debt crisis.
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