Posted on 08/25/2011 12:46:14 PM PDT by opentalk
Sobering news from NRO’s Jim Geraghty:
But yeah, clearly Bush was the problem.In 946 days, Obama has increased the national debt by $4,022,412,621,434.77 or $4.02 trillion.
That amounts to $4,252,021,798.56 per day ($4.25 billion).
When the debt increases another $877,587,378,565.23 ($877.58 billion), the debt accumulated under Obama’s presidency will equal the debt accumulated under Bush’s two terms.
Obviously, this can change, but barring some sudden shift in the federal government’s borrowing and spending habits, this milestone will be reached in 206 days from August 23, 2011. That would be March 15, 2012.
If spending continues at the normal pace through Inauguration Day 2013, it would add an additional $1,326,630,801,150.72 ($1.32 trillion) to the debt total.Imagine how much time Obama’s successor will spend explaining how they inherited this mess…
Obama will have, in one term, raised the national debt by $6.22 trillion, 22 percent more than George W. Bush did in two terms.
Dammit!
I had April 23, 2012, as the date..
It looks like the guy in the next office might win the pool...
Dont doubt it but, i remember last year ‘they’ were saying
Obam spent 2x more than Bush “in his first year in office” , than 2 terms of W.
Be interesting if he manages to outspend every single other president combined, in 4 years.
Bump
“Unpatriotic!”
Obama to Bush: “Anything you can do I can do better!”
Lemme see now, FDR’s Socialist Security “Entitlement” Tax; LBJ’s Medicare “ Entitlement “ Tax; LBJ’s Medicaid “ Entitlement “ Tax; Professor You Lie’s obamatrauma “care” “Entitlement “ Tax -— .
Whoa, hold on! LBJ has twice as many “Entitlement” taxes as either FDR or Professor You Lie!
If The United States of America is going to be taken over by the debt-o-crats in the District of Corruption, Professor You Lie had better come up with at least one more “Entitlement” tax!
Hmmm - - -. Anyone have any suggestions?
Bumping this to the top, because the Liberals on FB are claiming that Obama is the smallest spending President in years.
The ignorance of Democrats is amazing.
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