On July 3, 2008 – the day before Independence Day – Barack Obama said that adding $4 trillion in debt was „irresponsible“ and „unpatriotic“.
„This has been the fiscally most irresponsible administration that we have seen. I mean we have increased the national debt..almost doubled it since George Bush took office. It is now over 9 trillion dollars and that is money that we are all going to have to pay back“
„The problem is, is that the way Bush has done it over the last eight years is to take out a credit card from the Bank of China in the name of our children, driving up our national debt from $5 trillion for the first 42 presidents – #43 added $4 trillion by his lonesome, so that we now have over $9 trillion of debt that we are going to have to pay back – $30,000 for every man, woman and child. That’s irresponsible. It’s unpatriotic.“