Dow Closes At Highest Since '08

[GMScud]

Originally Posted by 12thMan

Good post, Scud. But when you say "Obama" has raised the debt by over $5 Trillion, that's not entirely true. What is true is that it has increased since the day he took office, but only a portion of that is a direct result of his policies. Fact is we're still paying for the wars, Medicare B, and yes, Obama decided to extend the Bush tax cuts for another 2 years.

The broader point still remains though, regardless of who's in office, the country needs to get spending under control.

To your first paragraph- fair enough, that increase certainly wasn't all due to his policies.

To the point in bold, the massive scaling-back of our military presence in Iraq and Afghanistan should really help. May help us catch up to some of the President's domestic spending. But hey, I'd rather spend money on America than on wars.