Obama: We’re Not ‘Wildly Overspending,’ A Lot of Stuff People Put On Internet and News Is ‘Factually Inaccurate’

President Obama argued, “there are a bunch of folks who say that we’re wildly overspending, even though we aren’t” and that many things on the Internet and news broadcasts “are just factually inaccurate” on Friday’s broadcast of “The Ellen DeGeneres Show.”

Obama said, “The amount of stuff that is just put out there on the Internet, or on, sometimes news broadcasts that are just factually inaccurate is surprising, and it’s really hard to catch up. Since I came into office, we reduced the deficit by two-thirds. But if you ask the average person, they’re sure that spending has shot up, and the reason is because, there are a bunch of folks who say that we’re wildly overspending, even though we aren’t. And that’s just one small example, but it happens all the time, and that’s something that we have to fix, partly by people paying more attention to what’s going on every single day. And it’s hard. People are busy.”

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