Captain Clueless strikes again.
Via RCP:
President Obama addressed the debt and deficit, saying it is not a problem in the “short term,” during an appearance on CBS’s “Late Show” with host David Letterman. Obama also said he did not know what the national debt was when he took office.
When a concerned Letterman asked him about the debt, Obama laid the responsibility for the U.S. national debt and deficit on his predecessor former President George W. Bush.
“Well, here’s what happened. We had a surplus when Bill Clinton was president,” Obama said. “It was projected to continue to be a surplus. We decided to launch two wars on a credit card. We cut taxes twice without finding offsetting costs for it or ways to pay for it, a prescription drug plan and then we had a massive recession.” […]
When asked if he remember what the national debt was when he entered office, President Obama said “I don’t know what the number was precisely.” Obama told Letterman “we don’t have to worry about it short term.”