Stunner: Obama doesn't know how much the U.S. owes

How can this be? Asked about the national debt on David Letterman's show, he couldn't say and shrugged off the question.

Is Obama ignorant or a fool?

It doesn't seem to bother America's mainstream media, but at least one overseas commentator was shocked:

Asked by David Letterman on The Late Show to explain all those zeros on America’s debt clock, displayed at the Republicans’ convention, Obama replied: “I don’t remember what the number was, precisely.” Offering the president a clue, the veteran chat-show host suggested “about $10 trillion”, at which point Obama switched effortlessly to praising the budget surplus of Bill Clinton and sailed off to safety. It’s not as though America’s debt is a minor twinkle in a constellation of more serious problems. But not only was the president unable to recall the big number, he readily – perhaps deliberately – conflated the debt and the deficit.

One can reasonably ask: What's worse, a president who can't spell "potato" or a president that doesn't have a clue about the size of our national debt. (You can see for yourself here, on the sidebar to the right of the posts.)


Filed under: Economy, Finance, Obama



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  • How disingenuous. You quote Jeff Randall from the British Daily Telegraph, not once saying in your piece that the paper is a Conservative rag. In Britain it's known as the Torygraph.

    My friend, if you're looking for memory lapses keep listening to the Mittster.

    Wait till the debates. We'll see who has the facts.

  • So, every time a refer to something in the New York Times, I should call it a liberal rag?

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