Posted on 12/01/2012 3:37:15 AM PST by Sub-Driver
Edited on 12/02/2012 5:02:28 PM PST by Admin Moderator. [history]
CNSNews.com) - The federal government has now borrowed more money during Barack Obama’s time as president than it did in the period lasting from the time President George Washington took the oath office until July 2, 2001, more than five months into the first term of President George W. Bush.
At the close of business on Jan. 20, 2009, when President Barack Obama was inaugurated, the national debt stood at $10,626,877,048,913.08, according to the Treasury. At the close of business this Thursday, it stood at $16,323,083,449,604.98.
That means the debt has increased $5,696,206,400,691.90 during Obama’s presidency.
On July 2, 2001, more than five months after President George W. Bush entered office, the national debt was $5,693,220,327,798.14, according to the Treasury. By the close of business on July 3, 2001, it had risen to 5,698,195,769,465.40. Since then, the debt has never again dropped below $5,696,206,400,691.90—the amount it has increased in less than one full term of Obama.
(Between late 1999 and the middle of 2001, as federal revenues sometimes exceeded expenditures, the debt fluctuated back and forth over the $5.696 trillion mark--only to finally pass that threshold, without retrenching, between July 2 and 3, 2001.)
“And gets reelected.........Unreal.”
Brought to you by:
Blacks
Honey Boo Boos (trailer trash)
Skanky Single White Females in their 20s and 30s and their gay hipster male friends
Illegal aliens
A coalition that shouldn’t be operating a car wash has done what no dictator could do to the U.S..
Not really.
US population: 314M. Eligible voters: 207M.
Number who voted: 125M. That number may go up a little as states certify the vote totals.
125M is 40% of 314M, but 61% of 207M.
Number of registered voters is considerably lower than 207M, but I couldn't find a number.
Stats were acquired from several sources, and may not all apply to the same year, but are likely to not be too far off.
Polls over the last decade have routinely shown that those who are eligible but don't bother to register or vote usually favor the Democrat by more than 2:1 over the Republican.
Comparing a dollar amount in one year with a dollar amount in another year is an invalid comparison. Dollars have to be adjusted for loss of value from one year to another, or the comparison is meaningless.
Bush's debt was largely a result of 9-11, of which this failure to act may have played a large part.
In spite of that, in January 2007 which was the last time we had a GOP President and Congress, the deficit was about 165 billion and shrinking. That was when the Dem controlled Congress replaced the GOP controlled Congress. How have things gone since?
Just stop the borrowing and freeze Obozo in his tracks. What will be the reaction of his supporters be when Santa's bag of goodies turns out to be empty? Ayn Rand had it right all along - just call their bluff.
I don’t hate GWB, but he is certainly no conservative. He’s far better than Obama, but that doesn’t say much.
As an aside, I think amnesty will get passed and here comes our bilingual nominee Jeb.
Who has been elected to watch the store? Let’s call for the GOP’s impeachment for dereliction of duties.
“The thief has come to Kill/ROB/Destroy......”
GWB had 9/11 on this watch.
A guy doing this to America, STOLE the election, also. There is NO doubt in my mind.
All those managed to vote but the honest American stayed home - I’m not buying that.
And you nuts? You appear part of the 'Bush's Fault' crowd. Propaganda sure did it's job on you!
And what, exactly, do we have to show for it?
NOTHING...except a permanent underclass addicted to their government “entitlements” which will always vote “D” to keep the goodies flowing and the “D”s in power. That our “leaders” would intentionally bankrupt and ruin our nation is the worst moral failing in world history.
There can be no other explanation but this is Obama’s design and plan. He wants his legacy to be the destruction of America.
!
Don’t forget to add Unions, Teachers (K - grad school), Lawyers and women who demand the right to wantonly destroy another 50 million innocent babies to your list.
What did I say that was incorrect?
Maybe someone can 'do the math' and explain how much money - if equally divided that would be for each 'family of four' in the United States ... Cash from the last 4 years of spending - divided...
Bush is better than Obama, nobody here is denying that.
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