If you listen and watch conservative media - you'll see that the latest talking point is that "Obama's doubled the national debt during this presidency" They repeat it over and over again. It renders liberals speechless. Here's the proper response:
For starters, it's not true. The day Obama took office the debt was 10.626 trillion. It's now at 18.150 trillion. And while he has added 70.2% - it's not double. And it get's better. How much money has the federal gov't spent since he bacame president on ALL expenses related to the illegal and unfortunate decision to invade Iraq. I don't know the answer to this - but I would guess it's in the 1.5 - 2 trillion range. Subtract that from the 18.150 and you have one of the best stewardship's of the budget since Jimmy Carter.
Here's the best arguement. When a conserveative brings up the doubling of the debt - ask them if by doubling the debt would that automactically make them a terrible president. They'll say it does. And they'll say it with passion because they think that Obama is the only modern president to double the debt (even though this is complete lie). Then hit them with this. The day Ronald Reagan was sworn in - the national debt was 934 billion. The day he left office the debt was 2. 697 trillion. Almost TRIPLE. Bush 41 added over 80% and Bush 43 added 110%.
And speaking of Reagan - point out that when you blow up the federal budget by dramatically increasing defence spending and dramatically lowering taxes to the rich - you get the largest increase in deficit spending in the past 70 years. Does this sound familiar? Every republican now running for president wants to do the same.