Hannity vs. Austan Goolsbee On Obama’s Economy
FOX News: The former chairman of the Council of Economic Advisers, Austan Goolsbee, joined Hannity to debate President Obama's economic record. While running for president, candidate Obama promised to cut the budget deficit his administration inherited by the end of his first term in office. Sean Hannity commented, "We're borrowing 40 cents of every dollar. He not only didn't cut the deficit in half, but he has given us the largest deficit of any president in the history of this country."
With over $5 trillion dollars in new Obama debt, Hannity asked, "Is he a failure?" Goolsbee retorted, "No Sean, what you left out is the primary reason that the deficit did not go down substantially in the last year, is that in a totally bipartisan way, Republicans and Democrats agreed in 2010 to extend all the Bush tax cuts knowing perfectly well that the deficit was going to remain high." (source: FOX Nation)