Obama is confused between reduces deficit spending and reducing the national debt. There is a humongous difference. Also, Obama is planning to reduce the deficit by adding over $7 trillion to the national debt over 12 years instead of 10 years. Huh??
(HotAir) When Barack Obama gave a much-anticipated speech on the budget and deficit spending last week, it turned into a disappointing mix of ambiguities and demagoguery. Most people couldn’t discern any “plan” at all in the speech, only hazy promises with few specifics. As it turns out, Obama himself doesn’t appear to be aware of even those few specifics he did offer. In yesterday’s Facebook townhall event, Obama not only mischaracterized the scope of the Republican plan to cut deficits, he also mischaracterized his own:
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