Bill O'Reilly, host of FOX's 'The O'Reilly Factor' at FOX Studios on December 15, 2011 in New York City. Credit: Getty Images
In his "Talking Points Memo" segment on Tuesday, Fox News host Bill O'Reilly tackled a subject that hasn't been pondered or discussed too thoroughly yet: President Barack Obama's legacy and the lens through which historians will view him.
O'Reilly started the segment by speaking about the current debate surrounding the sequester. Rather than spending a plethora of time explaining the debacle, the host attempted to describe it in more condensed and easy-to-understand terms.
"The issue is very, very simple. President Obama doesn't want to cut federal spending without another tax increase," O'Reilly said. "Republicans say 'no way' -- they're not going to continue to feed the federal spending colossus."
The host went on to describe what he sees as out-of-control federal spending, noting that the $3.6 trillion estimated bill coming in 2013 represents a stark increase in government expenditures (75 percent between 2003 and 2013, he claims).
In addition to questioning the large sum of money the government doles out each year, O'Reilly asked what the nation has to show for it. In addition to a down economy, the host charged that the poverty rate remains high and that salaries have gone down.
"Why are we spending all the money?," he asked, transitioning into a critique of Obama's management of the government.
After noting that liberal and minority groups favor big government, he said the president is likely pandering to these groups for political gain -- and at the expense of the nation's sustainability.
"That's why President Obama's spending the money -- because he knows that a coalition of African Americans, Hispanic Americans, organized labor and committed liberals will overwhelm the Republican Party," O'Reilly explained. "So, in essense, the president is putting party politics above the good of the nation. History will record that."
He went on to say that historians won't care much about Obama's demeanor, charisma or relationship with the press. Instead, history will "look at the facts," inevitably leading most to blame the president for the nation's fiscal woes.
Watch O'Reilly explain his theories about Obama's historical standing, below:(H/T: Mediaite)