During Obama's presidency to date, the national debt has risen by an average of $1.723 trillion a year -- or by a jaw-dropping $1.116 trillion more per year than it rose under Bush.
Clearly, Bush was a big spender, however, there's no comparison of Obama to Bush whatsoever ... Obama makes Bush look responsible.
Total federal debt was $10.7 trillion at the end of 2008 and in a brief 2.5 years Obama has added another $4 trillion making our debt a whopping $14.6 trillion. Debt as a percentage of GDP was a painful 69 percent at the end of the Bush years, but Mr. Obama is now pushing it over 100 percent, another disgraceful historic milestone.”
As long as democrats continue to refer to sane and responsible fiscal policies as "terrorism" then there is no doubt our credit worthiness will continue to nosedive.
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panola60 writes:
During Obama's presidency to date, the national debt has risen by an average of $1.723 trillion a year -- or by a jaw-dropping $1.116 trillion more per year than it rose under Bush.
Clearly, Bush was a big spender, however, there's no comparison of Obama to Bush whatsoever ... Obama makes Bush look responsible.
Total federal debt was $10.7 trillion at the end of 2008 and in a brief 2.5 years Obama has added another $4 trillion making our debt a whopping $14.6 trillion. Debt as a percentage of GDP was a painful 69 percent at the end of the Bush years, but Mr. Obama is now pushing it over 100 percent, another disgraceful historic milestone.”
As long as democrats continue to refer to sane and responsible fiscal policies as "terrorism" then there is no doubt our credit worthiness will continue to nosedive.
Share your thoughts
Comments are the sole responsibility of the person posting them. You agree not to post comments that are off topic, defamatory, obscene, abusive, threatening or an invasion of privacy. Violators may be banned. Click here for our full user agreement.