National debt on Jan. 20: $19.96 trillion
National debt now: $20.5 trillion
Americans not in labor force on Jan. 20: 95,161,653
American not in labor force now: 95,419,330
Gee that's and increase of .9 billion....Meanwhile Obama DOUBLED the national debt.
No, actually Obama did not double the national debt. The only POTUS that accomplished that was Reagan.
The debt went up by 88% under Obama, just slightly more than the 86% that Bush II added to it.
OK NEARLY doubled. Geesh......
"On Jan. 20, 2009, when Obama took office, the gross federal debt (which includes both public and intragovernmental debt) was $10.63 trillion. As of Aug. 3, 2016, it is $19.4 trillion."
Has our nation's debt nearly doubled under President Obama?
The national debt went up approx. 1 Trillion after Obama's first ten months. Trump's debt rise within the first 10 months is approximately the same but a bit lower. What's the big ******* deal?
Take it up with the House. That's where all spending originates from.
Obama inherited the worst recession since the great depression.
Trump inherited a booming economy.
Obama had to deal with two wars that were being paid for on the country's credit card. And $2 trillion worth of tax cuts that went straight to the debt.
There's $6 trillion of that debt right there. That paid no dividends to nobody, and damn near crashed the world economy, including the entire US housing market.
Trump inherited a deficit half of what his predecessor did.
Obama Put back banking regulations that saved not only the housing market, but the US auto industry, and created more energy jobs than at any time in history, including the booming alternative energy industry that has kept prices down, and created the highest paying jobs for workers in any industry.
Trump has taken steps to hurt the alternative energy industry that will cost 80,000 of those jobs.
House Republicans just passed deregulatory legislation, and tax cuts that will instantly add another $2 trillion to the debt, take away healthcare from 13 million people, and lose most of those 80,000 high paying alternative energy jobs.
But hey, what's the big deal?