From Karl Denninger at Market Ticker:
International JOKE: President Obama
You borrowed it. That "credit card"? It never got cut up. Not from the 1980s onward. You're lying Barry.
Obama: "To give you an idea of how much damage this caused to our national checkbook, consider this: in the last decade, if we had simply found a way to pay for the tax cuts and the prescription drug benefit, our deficit would currently be at low historical levels in the coming years...."
Another lie.
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