His handlers must be pleased.
Posted on 10/05/2011 12:11:31 PM PDT by Sub-Driver
Obama Has Now Increased Debt More than All Presidents from George Washington Through George H.W. Bush Combined By Terence P. Jeffrey October 5, 2011 Subscribe to Terence P. Jeffrey's posts
(CNSNews.com) - The Obama administration passed another fiscal milestone this week, according to new data released by the Treasury Department. As of the close of business on Oct. 3, the total national debt was $14,837,099,271,196.71—up about $44.8 billion from Sept. 30.
That means that in the less-than-three-years Obama has been in office, the federal debt has increased by $4.212 trillion--more than the total national debt of about $4.1672 trillion accumulated by all 41 U.S. presidents from George Washington through George H.W. Bush combined.
This $4.212-trillion increase in the national debt means that during Obama’s term the federal government has already borrowed about an additional $35,835 for every American household--or $44,980 for every full-time private sector worker. (According to the Census Bureau there are about 117,538,000 households in the country, and, according to the Bureau of Labor Statistics, there are about 93,641,000 full-time private sector workers.)
When Obama was inaugurated on Jan. 20, 2009, according to the Treasury Department, the total national debt stood at $10,626,877,048,913.08.
(Excerpt) Read more at cnsnews.com ...
Bush’s fault.
(I got here first!)
This is intentional.
Zero is just the front man for international American haters who have LONG sought to throttle American exceptionalism.
We kick the Communist’s ass and then elect one, an arrogantly racist one at that, to be our Chief Executive.
No Ben Frnaklin, apparently we COULDN’T keep it.
When the federal government collapses, it will be on account of failure of Congress.
Actually Boehner’s fault too.
Next up, Clinton.
His handlers must be pleased.
ATA: Nearly 10,000 Airline Job Cuts Likely If Taxes Imposed
Posted: October 5th, 2011 09:40 AM CDT
Nearly 10,000 Airline Job Cuts Likely If Taxes Imposed
PR Newswire
WASHINGTON, Oct. 4, 2011
WASHINGTON, Oct. 4, 2011 /PRNewswire-USNewswire/ — The Air Transport Association of America (ATA), the industry trade organization for the leading U.S. airlines, today warned that nearly 10,000 airline industry jobs could be cut within one year if two new proposed passenger security and airline departure taxes are implemented. More broadly, nearly 181,000 jobs could be lost across the economy related to reductions in aircraft manufacturing, airports and supporting businesses, according to a new study....
http://www.airportbusiness.com/onlin...r.jsp?id=47931
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