How much debt has Obama created?
How much debt did George W. Bush created when he was president?
The commonly accepted figure (though I'll STILL get votes down for quoting them) is that the national debt stood at 10.6 trillion on January 20th, 2009. Through Obama's first term it has grown at roughly 4 billion per day and currently sits at about 15.8 trillion (http://www.usdebtclock.org/) for a total increase of 5.2 trillion dollars under Obama's watch. Figures as of July 1st, 2012. Projections have the national debt pegged at about 16.8 trillion by the official end of Obama's first (or only) term. That means that under his watch, the debt will have grown by 6.2 Trillion dollars. In other words, a number that took America 226 years to reach (which it finally did in 2002 under GWB - no saint himself), will have taken Obama just 4 short years...
by Flightkeeper 8 years ago
The nation's debt leapt $166 billion in a single day last week, the third-largest increase in U.S. history; the one-day increase for June 30 totaled $165,931,038,264.30 - bigger than the entire annual deficit for fiscal year 2007. This means that nearly $1,500 of debt was added for every U.S....
by Randy Godwin 2 weeks ago
The National Debt went from 20 trillion to 22 trillion under Donald Trump's admin in the first two years in office. The majority of the increase was due to the tax breaks given to the wealthiest Americans. Far from decreasing the debt as Trump claimed, the tax break has caused just the...
by Gary Anderson 7 years ago
I have been watching the Yahoo boards and people are furious at the Republicans, especially the Tea Party. They are getting the lion's share of the blame for the debt downgrade. Here's why:1. Obama wanted a grand plan. The Republicans rejected it.2. Obama wanted shared sacrifice including taxes for...
by Nathan Bernardo 6 years ago
Is it not a little telling that it comes up at all? Questioning his nation of origin, and in other ways making reference to his race. It seems entirely irrelevant, though a person can definitely question many other things about his policies, and there's plenty of it to question. It seems his...
by Sophia Angelique 6 years ago
From Forbes Magazine.http://www.forbes.com/sites/rickungar/2 … ack-obama/Quote: "So, how have the Republicans managed to persuade Americans to buy into the whole “Obama as big spender” narrative? It might have something to do with the first year of the Obama presidency where the...
by American View 7 years ago
OK I give up. Armageddon is coming. President makes threats, talks down to Americans, Dems plan has fake cuts and they refuse to look at Repubs offers, Repubs balking at Dems offers saying no raising the taxes. No wonder Bachmann has a migraine. Forget politics, forget which plan you think is...
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