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Thursday, August 7, 2014
Now You Can Panic:Federal Dept Increase Since Obama Took Office
The new debt increase from the Obama administration is more than all of the presidents from George Washington to Bill Clinton COMBINED.
All of this and not a damn thing better for it!
Remember when President Barack Obama boasted of lowering the debt by half? Or when, in 2008, Obama accused President George W. Bush of being “unpatriotic” for taking out a “credit card in the name of Bank of China.”
Well, it appears that Obama has reached his self-defined “unpatriotic” zone himself.
CLICK GRAPH FOR COMPLETE STORY
- The total federal debt of the U.S. government has now increased more than $7 trillion during Barack Obama’s tenure as president.
- When President Obama took office on Jan. 20, 2009, the total federal debt was $10,626,877,048,913.08. Now it has risen to $17,618,599,653,160.19 — up $6,991,722,604,247.11 from Obama’s first day on the job.
- The $7,060,259,674,497.51 in new debt alone from Obama’s presidency is $61,341.82 per household.