American Crossroads ads slams Obama on growing debt
If you listen to President Barack Obama, he’d have you believe that he has been fiscally reponsible and that his stimulus plan got the economy moving again. However, those of us looking at the river of red ink flowing from Washington and stagnant employment numbers seen an entirely different picture.
Indeed, the facts show that Obama has been fiscally profligate by dramatically increasing spending and passing a wasteful stimulus bill, which hasn’t really helped the economy more than three years after becoming law. In fact, the Congressional Budget Office recently noted that the stimulus bill could have a net-negative impact on the economy.
But in a new ad buy, American Crossroads explains that Obama’s spending binge has been problematic for the economy, noting that by the time the 30-second ad ends, the national debt will have grown $1.4 million: