President Barack Obama brags that his stewardship over the federal budget has been praiseworthy. Why, spending deficits are going down, he proclaims.

Wrong. Monthly budget deficits – the difference between what the government takes in and what it spends – are increasing.

Last year’s budget gap was $439 billion, an astronomical number but still less than the $1 trillion-plus figures Obama posted during some of his presidency.

This year’s deficit is expected to total $590 billion, the Treasury Department revealed recently. And, of course, government analysts said the problem was not too much spending but rather, too little revenue.

During the more than two centuries of our country’s history before Obama took office, we had built up a national debt of $10.6 trillion. It is $19.4 trillion now.

Yet Obama and his chosen successor, Hillary Clinton, think this is doing well. Quite obviously, it is not.