Flashback: Obama Blames Lack Of Leverage With China On Bush's Deficit Spending

Presidential campaign, 2008. President Bush explains that we have no leverage with China because of our high deficits. At the time, he mocked President Bush for a $4 Trillion deficit. As of now, President Obama has racked up a $5 Trillion deficit in only 3 years. 4 May 2012 post a comment

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