Considering that the COB is indicating that "President Barack Obama’s tax and spending policies will yield $6.4 trillion in deficits over the next decade, more than double the shortfall in CBO’s own fiscal baseline — even after taking credit for reduced war costs." then 8 years might be a bit optimistic, even presuming that he's defeated in November.
Sorry, should have been CBO (Congressional Budget Office).
He’s building up deficits right now at the rate of $1.5 trillion per year, and it is projected we’ll see the debt grown $6.4 trillion ten years?
What do they think is going to happen after the first four years?
The only thing that sees this nation NOT realize something like $10 to $15 trillion dollars in additional debt over the next ten years, is if the December 21st, 2012 predictions come true.