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Flashback: Obama in 2008: Adding $4 Trillion to National Debt ‘Unpatriotic’

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<p>Although the national debt under President Barack Obama has increased $4 trillion since he took office in 2009, as a presidential candidate in 2008 Obama criticized then-President George W. Bush for adding $4 trillion to the national debt, <a href="http://www.youtube.com/watch?v=1kuTG19Cu_Q&amp;feature=player_embedded"… it was “unpatriotic”</a> and also “irresponsible” to saddle future generations with such a large national debt.</p><p>“The problem is, is that the way Bush has done it over the last eight years is to take out a credit card from the Bank of China in the name of our children, driving up our national debt from $5 trillion dollars for the first 42 presidents -- number 43 added $4 trillion dollars by his lonesome, so that we now have over $9 trillion dollars of debt that we are going to have to pay back -- $30,000 for every man, woman and child,” Obama said on July 3, 2008, at a campaign event in Fargo, N.D. (<a href="http://www.cnsnews.com/news/article/flashback-obama-2008-adding-4-trill… Matt Cover - CNSNews.com</a> )</p>

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