What we also have to recognize is that the deficit levels that I'm inheriting, over a trillion dollars, coming out of last year, that that is unsustainable. At a certain point, other countries stop buying our debt, at a certain point, we'd end up having to raise interest rates, and it would end up creating more economic chaos and potentially inflation.
Barack ObamaYou know, sometimes I'll go to an 8th-grade graduation and there's all that pomp and circumstance and gowns and flowers. And I think to myself, it's just 8th grade ... An 8th-grade education doesn't cut it today. Let's give them a handshake and tell them to get their butts back in the library!
Barack ObamaJerusalem will remain the capital of Israel and it must remain undivided."Truth: Obama later said, "This was an example where we had some poor phrasing in the speech and we immediately tried to correct the interpretation that was given. The point we were simply making was, is that we don't want barbed wire running through Jerusalem.
Barack Obama