BlackFlag10
College Conservative
- Jun 1, 2012
- 121
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· On the day that President Obama took office, the federal debt was $10.626 trillion. The debt now stands at $15.851 trillion.
· From 2000 to 2008, our average annual deficit was $190 billion. Since 2008, it has been $1.3 trillion.
· The National Debt now exceeds 100% of the nations Gross Domestic Product
· Barack Obama has overseen the three largest deficits in United States history
· President Bush was in office for 96 months. In that time, the debt increased $4.899 trillion. In the 42 months that Obama has been in office, the debt has increased $5.2 trillion. Bushs average monthly debt accumulated was $51 billion. Obamas average monthly debt accumulated is $125.6 billion
· Obamacare effectively adds $17 trillion tolong-term unfunded debt which the Obama administration is not required to report in their federal debt numbers
Find more at Cameron Harris: What Obama Isn't Telling You About The Federal Debt
· From 2000 to 2008, our average annual deficit was $190 billion. Since 2008, it has been $1.3 trillion.
· The National Debt now exceeds 100% of the nations Gross Domestic Product
· Barack Obama has overseen the three largest deficits in United States history
· President Bush was in office for 96 months. In that time, the debt increased $4.899 trillion. In the 42 months that Obama has been in office, the debt has increased $5.2 trillion. Bushs average monthly debt accumulated was $51 billion. Obamas average monthly debt accumulated is $125.6 billion
· Obamacare effectively adds $17 trillion tolong-term unfunded debt which the Obama administration is not required to report in their federal debt numbers
Find more at Cameron Harris: What Obama Isn't Telling You About The Federal Debt