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Inside President Obama's 'growing' economy

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    National debt has increased by 52.4 percent

  • Duration 3:08
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Back in 2008 when then senator Barack Obama called President Bush fund patriotic.

For increasing the national debt.

The problem is is bad 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 we now have over nine trillion dollars of debt.

-- that we are gonna have to pay back.

30000 dollars for every man woman and child.

That's irresponsible.

It unpatriotic.

Well using his own words the president has been very irresponsible and -- shot by his own.

Measured here with us to discuss to -- Murdoch easy syndicated columnist and fox -- contributed.

What credit grade would you give him on the economy because as he tells the Sox -- the time he did inherited tough situation -- a little bit of credit for that's that argument -- -- Hopeful -- ready yet he got a the bad hand no doubt but sort of Ronald Reagan he can Reagan inherited real mess and after Jimmy Carter.

But -- -- it -- and approved it.

Unfortunate for a bombing he would -- was handed a -- by big spending GW bush.

And unfortunate just made worse by spending lots more money -- -- stimulus and all these other things and it would be.

Bad enough if -- spent all that money but police were growing at the moment.

But dealing going we're doing is growing and in areas we shouldn't -- that absolutely for instance on poverty poverty -- on this president's watch is up over 6% up over 6% the federal workforce meanwhile you know.

Big government it's getting bigger it's up 6% put food stamps and this is disturbing.

A 41%.

That's enormous that's an enormous increase of people who are in his state of desperation.

We want to see people on food stamps go back to works and and don't need food stamps.

And it's not a small increased -- 42% increase the number of people and under from since I was a national -- that was -- speech yesterday he said we just got to get to help get more jobs we got to get the wealthiest to do more.

He still talking about this as if that is going to balance the books this is his entire plan -- -- to take more money from wealthy people and not even use that to pay off these enormous debts we have what you have gone up 52%.

The national debt under President Obama but to do more investments in green -- green energy -- and we've seen.

These jobs that where they are created are some but some like 570000.

Dollars per job created with all these loan guarantee programs the Department of Energy.

And in many cases these so companies Solyndra and -- -- 1415 others just have gone bad scripture the digital.

Give people half a million dollars to do better real quickly I on this president's watch gas prices have gone up a hundred.

And 1%.

You say tomorrow when people go into the voting Booth if they really think about the price of gas.

The economy in general when given the choice between Mitt Romney and Barack Obama they're gonna pull the lever for Mitt Romney.

I think they -- I think people say you know what do we want four more years of stagnation.

And and and division and revenge.

Or wants -- -- talk about a plan to get us back to frustrate you think the -- for prosperity of both Mitt Romney two days from now we'll know -- what we hope will also -- Wednesday than Iraq.

Yeah we might even -- on Tuesday might I hope so.

I -- Murdock thanks so much treated Tina review comes in New York Post -- on -- exact count meanwhile straight ahead.