U.S. Piled Up More Debt Since Election Day ’08 Than Under All Presidents From Washing

Discussion in 'Politics' started by Stephanie, Nov 7, 2012.

  1. Stephanie
    Offline

    Stephanie Diamond Member Supporting Member

    Joined:
    Jul 11, 2004
    Messages:
    70,236
    Thanks Received:
    10,817
    Trophy Points:
    2,040
    Ratings:
    +27,359
    whoohoo, just think another four years:eusa_clap:

    SNIP:



    By Terence P. Jeffrey

    November 6, 2012

    Subscribe to Terence P. Jeffrey's posts
    George Washington Resigning His Commission by John Trumbull. (Architect of the Capitol photo)


    (CNSNews.com) - The federal government has now piled up more debt since Election Day 2008 than it did under all presidents from George Washington through Bill Clinton, according to official debt numbers published by the U.S. Treasury.

    When the polls opened on the morning of Tuesday, Nov. 4, 2008, the total debt of the U.S. government stood at $10,556,177,748,045.21 (the number it had reached by the close of business on Nov. 3, 2008). As of the close of business on Friday, Nov. 2, 2012, the most recent day reported by the Treasury, the total debt of the U.S. government stood at $16,206,129,028,709.29.

    That is a four-year increase of $5,649,951,280,664.08.

    all of it here
    U.S. Piled Up More Debt Since Election Day
     
  2. TNHarley
    Online

    TNHarley Gold Member

    Joined:
    Sep 27, 2012
    Messages:
    26,596
    Thanks Received:
    4,091
    Trophy Points:
    280
    Ratings:
    +20,571
    20 trillion by 2016
     
  3. DiamondDave
    Offline

    DiamondDave Army Vet

    Joined:
    Jun 30, 2008
    Messages:
    18,169
    Thanks Received:
    2,812
    Trophy Points:
    183
    Location:
    MD, on the Potomac River
    Ratings:
    +2,816
    Yeah.. I do not see Obama getting out of his second term under 20T in national debt.. he is a spend-o-holic, big government, progressive.. and it will crush our economy
     
  4. Plasmaball
    Offline

    Plasmaball Gold Member

    Joined:
    Sep 9, 2010
    Messages:
    20,630
    Thanks Received:
    1,406
    Trophy Points:
    175
    Ratings:
    +1,904
    its as if the election never happened.
     
  5. ilia25
    Offline

    ilia25 I can do math

    Joined:
    Jan 12, 2012
    Messages:
    1,859
    Thanks Received:
    99
    Trophy Points:
    48
    Ratings:
    +99
    The same can be said about Reagan -- he piled more debt than all presidents before him. Bush came very close.

    Anyway, only idiots care about debt. All those fairy tales about burdening our children are not true, because most of the debt will be owned by them. They will be repaying it to themselves.
     
  6. TNHarley
    Online

    TNHarley Gold Member

    Joined:
    Sep 27, 2012
    Messages:
    26,596
    Thanks Received:
    4,091
    Trophy Points:
    280
    Ratings:
    +20,571
    Yea, if they are chinese
     
  7. candycorn
    Offline

    candycorn Alis volat propriis

    Joined:
    Aug 25, 2009
    Messages:
    37,521
    Thanks Received:
    4,543
    Trophy Points:
    1,130
    Ratings:
    +12,049
    scoreboard
     
  8. LogikAndReazon
    Offline

    LogikAndReazon Gold Member

    Joined:
    Feb 21, 2012
    Messages:
    4,850
    Thanks Received:
    614
    Trophy Points:
    190
    Ratings:
    +1,285
    BBBBBBBBBut the taxpayers "saved" the auto unions !!!!!!!!!!!!!!!!!

    Nationalization WORKS
     
  9. Si modo
    Offline

    Si modo Diamond Member

    Joined:
    Sep 9, 2009
    Messages:
    41,538
    Thanks Received:
    6,382
    Trophy Points:
    1,810
    Location:
    St. Eligius
    Ratings:
    +8,703
    And folks wonder why our credit rating took a hit?
     
  10. WillowTree
    Online

    WillowTree Diamond Member

    Joined:
    Sep 15, 2008
    Messages:
    68,144
    Thanks Received:
    10,164
    Trophy Points:
    2,030
    Ratings:
    +14,695
    I think it will be sooner.
     

Share This Page