Federal Debt Under Obama = All Time High!

[DriftingSand]

Today's debt burden for full time workers in the private sector has almost doubled since 2007. It was a little more than $100,000 in 2007 and was a little more than $200,000 in 2013 (likely considerably higher at this moment). So Obama has effectively "changed" America as promised.

As of last Friday, the total debt of the federal government was $17,858,480,029,490.28, according to the U.S. Treasury. That equaled $200,258.81 for each of the 89,177,000 full-time private-sector workers that, according to the Census Bureau, were in the United States in 2013.

(There were a total of 105,862,000 full-time workers in the United States in 2013, according to the Census Bureau. However, 16,685,000 of these full-time workers worked for government, getting paid with tax dollars or from government borrowing. That left only 89,177,000 who were self-employed or worked for private-sector employers.)

Federal debt per full-time private-sector worker has escalated rapidly. At the end of 2007, the total federal debt was $9,229,172,659,218.31, which equaled $101,158.25 for each of the 91,235,000 full-time private-sector workers in the United States that year. In 2000, the total federal debt was $5,662,216,013,697.37, which equaled $66,553.23 for each of the 85,078,000 full-time private-sector workers that year.

Federal Debt Now 200 000 Per Full-Time Private-Sector Worker CNS News

I feel sorry for America's future victims -- that is, the youngsters who'll graduate from high school into a life of virtual poverty. Taxes will be higher; more folks will be on welfare; an influx of unskilled illegal aliens will flood the job market; and the American taxpayer will be loaded down with a tax burden too great to carry.

 

[gipper]

Ask any Obama lover about this and you get:

1. He had to explode the debt because of W's failures
2. The national debt is not a problem...really.
3. The economy is improving, so this debt issue is nothing to worry about....just right wing noise.

America is a welfare warfare police state crony capitalist corrupt oligarchy and a nation with all this, does not survive long....just ask the Romans.

 

[Moonglow]

How has Oblama changed America anymore than previous presidents that inceased the debt?

 

[Moonglow]

Ask any Obama lover about this and you get:

1. He had to explode the debt because of W's failures
2. The national debt is not a problem...really.
3. The economy is improving, so this debt issue is nothing to worry about....just right wing noise.

America is a welfare warfare police state crony capitalist corrupt oligarchy and a nation with all this, does not survive long....just ask the Romans.

Were the hell were the god damned so called fiscal responsponsible GOP when they were in power under Bushed?Next, tell me one GOP president that did not increase the national debt in the modern era...

 

[Moonglow]

Look, debt has increased under every 20/21st century president. Why only pick on one fellow, myopic?

 

[Mr Natural]

Look, debt has increased under every 20/21st century president. Why only pick on one fellow, myopic?

Starting with St.Reagan who got the debt ball rolling.

 

[gipper]

Ask any Obama lover about this and you get:

1. He had to explode the debt because of W's failures
2. The national debt is not a problem...really.
3. The economy is improving, so this debt issue is nothing to worry about....just right wing noise.

America is a welfare warfare police state crony capitalist corrupt oligarchy and a nation with all this, does not survive long....just ask the Romans.

Were the hell were the god damned so called fiscal responsponsible GOP when they were in power under Bushed?Next, tell me one GOP president that did not increase the national debt in the modern era...

Stop with the second grade argument.

Of course W is a progressive.

 

[Moonglow]

Ask any Obama lover about this and you get:

1. He had to explode the debt because of W's failures
2. The national debt is not a problem...really.
3. The economy is improving, so this debt issue is nothing to worry about....just right wing noise.

America is a welfare warfare police state crony capitalist corrupt oligarchy and a nation with all this, does not survive long....just ask the Romans.

Were the hell were the god damned so called fiscal responsponsible GOP when they were in power under Bushed?Next, tell me one GOP president that did not increase the national debt in the modern era...

Stop with the second grade argument.

Of course W is a progressive.

and...? Reagan, he doubled and almost tripled the national debt...raised taxes 9 times.......both sides do it.....

 

[DriftingSand]

How has Oblama changed America anymore than previous presidents that inceased the debt?

By doubling the debt. Did you see the OP?

 

[DriftingSand]

Ask any Obama lover about this and you get:

1. He had to explode the debt because of W's failures
2. The national debt is not a problem...really.
3. The economy is improving, so this debt issue is nothing to worry about....just right wing noise.

America is a welfare warfare police state crony capitalist corrupt oligarchy and a nation with all this, does not survive long....just ask the Romans.

Were the hell were the god damned so called fiscal responsponsible GOP when they were in power under Bushed?Next, tell me one GOP president that did not increase the national debt in the modern era...

Stop with the second grade argument.

Of course W is a progressive.

and...? Reagan, he doubled and almost tripled the national debt...raised taxes 9 times.......both sides do it.....

Folks could still afford to buy a car; buy a house; and start a business under Reagan. The American dream was still alive and well. Not so anymore. (Although I agree that Reagan was mildly RINO in some ways).

 

[gipper]

Ask any Obama lover about this and you get:

1. He had to explode the debt because of W's failures
2. The national debt is not a problem...really.
3. The economy is improving, so this debt issue is nothing to worry about....just right wing noise.

America is a welfare warfare police state crony capitalist corrupt oligarchy and a nation with all this, does not survive long....just ask the Romans.

Were the hell were the god damned so called fiscal responsponsible GOP when they were in power under Bushed?Next, tell me one GOP president that did not increase the national debt in the modern era...

Stop with the second grade argument.

Of course W is a progressive.

and...? Reagan, he doubled and almost tripled the national debt...raised taxes 9 times.......both sides do it.....

Really doofus....like really???

 

[EdwardBaiamonte]

Folks could still afford to buy a car; buy a house; and start a business under Reagan. The American dream was still alive and well. Not so anymore. (Although I agree that Reagan was mildly RINO in some ways).

yes those days are gone even 30 years after Reagan, and after 30 years of new inventions that should have made life far easier. Don't forget, only inventions cause economic progress!

Why are things backwards? Why are trends reversing? Simple: socialism. We are on a soviet path that 132 nations have followed before because our liberals lack the IQ to understand..

 

[DriftingSand]

Folks could still afford to buy a car; buy a house; and start a business under Reagan. The American dream was still alive and well. Not so anymore. (Although I agree that Reagan was mildly RINO in some ways).

yes those days are gone even 30 years after Reagan, and after 30 years of new inventions that should have made life far easier. Don't forget, only inventions cause economic progress!

Why are things backwards? Why are trends reversing? Simple: socialism. We are on a soviet path that 132 nations have followed before because our liberals lack the IQ to understand..

Full agreement. Socialism is the direct removal of incentives. Why work your butt off if you MUST share your profits, sweat, and tears with the deadbeats who sit on their ass smoking joints all day?

 

[EdwardBaiamonte]

Folks could still afford to buy a car; buy a house; and start a business under Reagan. The American dream was still alive and well. Not so anymore. (Although I agree that Reagan was mildly RINO in some ways).

yes those days are gone even 30 years after Reagan, and after 30 years of new inventions that should have made life far easier. Don't forget, only inventions cause economic progress!

Why are things backwards? Why are trends reversing? Simple: socialism. We are on a soviet path that 132 nations have followed before because our liberals lack the IQ to understand..

Full agreement. Socialism is the direct removal of incentives. Why work your butt off if you MUST share your profits, sweat, and tears with the deadbeats who sit on their ass smoking joints all day?

yes I'd love to hear one liberal program or policy that would grow the economy. How on earth can anti-business liberal policy grow the economy?