[h=1]Debt Up $6.666 Trillion Under Obama[/h]
February 4, 2014 - 1:31 PM
By Ali Meyer
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President Barack Obama (AP Photo/Keith Srakocic)
(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.
February 4, 2014 - 1:31 PM
By Ali Meyer
Subscribe to Ali Meyer RSS
President Barack Obama (AP Photo/Keith Srakocic)(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.
Debt Up $6.666 Trillion Under Obama
February 4, 2014 - 1:31 PM
By Ali Meyer
Subscribe to Ali Meyer RSS
39
(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.
When Reagan was President the U.S. had accumulated almost 3 times as much debt as the previous 202 years. We amazingly survived. I wonder why? Maybe because you guys have no effing clue what you are talking about, lol.
So what's the magic number where it all collapses? In 1937 they thought it was $42 billion, in the 80s they almost shut down the government because they were afraid of $1 trillion... now it's $18 trillion. Please tell me what the magic number is and how you have come to that conclusion mathematically. Thanks!
This is the problem with you conservatives that have never studied economics. You can't prove or even attempt to make a rational argument for your theories. It's all feelings based and you add little fear mongering words in to your quips to make it sound like a real problem. You literally have no clue why $1 isn't too much money, $18 trillion, or $15 quadrillion. It's all feelings based. That's why people get educated and we rely on science, math, research, etc. Because peoples feelings usually lead to horrible consequences.
Actually I took economics in college. I argued with the prof all the time. What a joke course. Predicting the future is where the econ proponents dead end every time. They can't dissect the cadaver much less find a cure. No one is fear mongering here simply telling like it is. Feelings, really, when you stub your toe that is a feeling. When you break your arm that is a feeling. When you spend money you don't have that is much more than a feeling, it is a total disregard for the welfare of this nation. You and your fellow econ wingnuts can't even play monopoly much less contemplate the reality of our current fiscal status. Dream on loser.
Lmao, you probably should have taken more than econ 101 at a community college. But anyways, you are pure bullshit. All you are is your thoughts, which are really skewed and dumb. That's why smart people don't make stupid comments like you do. We can understand when a number is "too large" with out just saying it is because we "feel it". Lol. You guys have problems.
