Obama Leaves U.S.A $9,335,000,000,000 Deeper in Debt

[Sanguine]

By Terence P. Jeffrey | January 19, 2017 | 5:45 PM EST
President Obama delivers his farewell address in Chicago, Jan. 10, 2017. (AP Photo/Pablo Martinez Monsivais)

(CNSNews.com) - President Barack Obama will leave the federal government approximately $9,335,000,000,000 deeper in debt than it was when he took office eight years ago, according to data released today by the U.S. Treasury...

[mountaineer]

Yes, but on a brighter note, Barry learned how to play golf. So there's that.  :Odance:

[rangerrebew]

Obama Leaves U.S.A $9,335,000,000,000 Deeper in Debt

(CNSNews.com) - President Barack Obama will leave the federal government approximately $9,335,000,000,000 deeper in debt than it was when he took office eight years ago, according to data released today by the U.S. Treasury [1].

The increased debt incurred under Obama equals approximately $75,129 for every person in the United States who had a full-time job in December.

The $9,334,590,089,060.56 that the debt had increased under Obama as of the close of business on Wednesday is far more debt than was accumulated by any previous president. It equals nearly twice as much as the $4,889,100,310,609.44 in additional debt that piled up during the eight years George W. Bush served as president.



Source URL: http://www.cnsnews.com/news/article/terence-p-jeffrey/obama-leaves-usa-9335000000000-deeper-debt

[Hondo69]

Yes, but on a brighter note, Barry learned how to play golf. So there's that.  :Odance:

With the promise to build bridges, schools, and roads we gave Barry nearly a trillion dollars.  Instead of the shovel-ready jobs he promised Barry made it rain for all his buddies instead.

Us little people screamed bloody murder of course.  The liberal response to our outrage was that we were just too stupid to understand Keynesian economics.  As long as the money was spent somewhere we would all benefit.  Hell, you could push a trillion out of the back of a plane and that would provide a stimulus.  So sit down and shut up.

Using the liberal's bastardized view of Keynesian economics brought up another point they didn't like one bit.  Why not give every man, woman and child in America $3000 each instead?

They had to mull that one over for awhile, but finally came up with this gem - the American people are too stupid to spend that money wisely.

[IsailedawayfromFR]

This has zero value.

Only Congress has the power to place us into this debt.  It is not just in the hands of one man.

I blame Congress, beginning with Pelosi but also Boehner and Ryan.

This country still operates for the next three months under no budget, but a continuing resolution.  There is no accountability the way the Congress treats our hard-earned money.

[To-Whose-Benefit?]

I have a documentary DVD on the development of the Aircraft carrier.

It prices a brand new nuclear super carrier, complete with a full stock of planes, at $6 Billion.



How many more real, Complete Carrier battle groups could we have bought with the over $9 Trillion this clown whored for votes with?

[Idaho_Cowboy]

Eh, what's a few Trillion among friends?

[RedHead]

I wonder what it will be after four or eight years of President Trump? 

[MOD3]

Duplicate topics merged.

[rangerrebew]

I believe that is about a 93% increase.