Presidents do not increase or decrease the National Debt; only the US Congress can do so.

For some reason (probably ignorance) many people accrue the federal government's FY 2009 budet deficit to President Obama when, if one is going to accrue it to any President, it should be accrued to President Bush. He requested an FY 2009 budget of $3.1 trillion and estimated revenues at about $2.7 trillion. Unfortunately, only $2.1 trillion in revenue accrued.

"Generosity. That was my first mistake."
"Experience must be our only guide; reason may mislead us."
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