Well, well, well. Â The Obama Administration’s institutional punching bag, Press Secretary Josh Earnest, CONCEDES that the raw math does indeed support the reality that the public debt has increased by quite a bit during the Obama years.
Check out this exchange with CBS reporter Mark Knoller at Friday’s White House Press Corps daily briefing:
The deficit has fallen by two thirds, and that’s a metric for measuring the economy, but the public debt isn’t??? Â Where do they get this stuff? Â We’re in debt up to our eyeballs. Â Sooner or later we’re going to have to pay it back and that is going to put a drain on all of our other programs considering the debt is considerably higher than any budget the government has been using. Â Oh, wait, there hasn’t been a budget since Obama took office….
More information on the exchange and the Obama speech Thursday evening that prompted the questioning is available at HotAir.