The Briefing Room

General Category => Economy/Business => Topic started by: flowers on February 04, 2014, 08:30:12 pm

Title: Debt Up $6.666 Trillion Under Obama
Post by: flowers on February 04, 2014, 08:30:12 pm
http://www.cnsnews.com/news/article/ali-meyer/debt-6666-trillion-under-obama

Quote
(CNSNews.com) - The debt of the U.S. government has increased $6.666 trillion since President Barack Obama took office on Jan. 20, 2009, according to the latest numbers released by the Treasury Department.

When President Obama was first inaugurated on Jan. 20, 2009, the debt of the U.S. government was $10,626,877,048,913.08, according to the Treasury Department’s Bureau of the Public Debt. As of Jan. 31, 2014, the latest day reported, the debt was $17,293,019,654,983.61—an increase of $6,666,142,606,070.53 since Obama’s first inauguration.

The total debt of the United States did not exceed $6.666 trillion until July 2003. In the little more than five years of the Obama presidency, the U.S. has accumulated as much new debt as it did in it’s first 227 years.
Title: Re: Debt Up $6.666 Trillion Under Obama
Post by: Gazoo on February 04, 2014, 09:18:32 pm
He will continue until it is 666666666 trillion
Title: Re: Debt Up $6.666 Trillion Under Obama
Post by: mountaineer on February 04, 2014, 09:22:45 pm
We are so screwed.  **nononono*
Title: Re: Debt Up $6.666 Trillion Under Obama
Post by: Gazoo on February 04, 2014, 10:38:19 pm
I will bet good money the media swooned and fought to publish this...

Another shiny object trick I am sure.

http://www.aol.com/article/2014/02/04/us-deficit-to-drop-to-514b-lowest-of-obamas-years-in-office/20822809/ (http://www.aol.com/article/2014/02/04/us-deficit-to-drop-to-514b-lowest-of-obamas-years-in-office/20822809/)
Title: Re: Debt Up $6.666 Trillion Under Obama
Post by: Oceander on February 05, 2014, 01:18:25 am
He's on track to double the national debt he inherited.
Title: Re: Debt Up $6.666 Trillion Under Obama
Post by: Gazoo on February 06, 2014, 08:23:42 pm
(https://fbcdn-sphotos-d-a.akamaihd.net/hphotos-ak-prn2/t1/1779148_625919300795572_1974124680_n.jpg)