Obama Increases Nation's Debt $5 Trillion In 39 Weeks

[pspr]

In the 39 months since Barack Obama took the oath of office as president of the United States, the federal government’s debt has increased by $5,027,761,476,484.56.

Although he has served less than a term, Obama is now the first American president to see the federal government's debt increase by more than $5 trillion during his time in office.

http://cnsnews.com/news/article/5-trillion-man-debt-has-increased-under-obama-502776147648456

 

[Lucrum]

Yeah, but isn't still Bush's fault?

 

[AK Forty Seven]

They should have noted that Obama took office with a 1.2 trillion dollar budget deficit

Its not hard to have record breaking debt when you come into office with record breaking deficits.Obama wouldn't have racked up 5 trillion in debt if he had come into office with a balanced budget like Bush did

 

[pspr]

Quote from Lucrum:

Yeah, but isn't still Bush's fault?

Yes but Obama could have fulfilled his promise by just shutting down government and sending each one of us our $16,000 that he spent.

 

[Lucrum]

Quote from pspr:

Yes but Obama could have fulfilled his promise by just shutting down government and sending each one of us our $16,000 that he spent.

But then how would he and Michelle jet around the world on Air Force One?

 

[AAAintheBeltway]

Quote from Lucrum:

Yeah, but isn't still Bush's fault?

Apparently so. See the post directly below yours.

Is there anything that has happened since he took office, other than killing OBL, that Obama will take responsibility for? And on OBL, that is the one thing he could legitimately give Bush some credit for but of course, he won't.

 

[deltastrike]

This should give better perspective:

http://www.skymachines.com/US-National-Debt-Per-Capita-Percent-of-GDP-and-by-Presidental-Term.htm

 

[AK Forty Seven]

Quote from AAAintheBeltway:



Is there anything that has happened since he took office, other than killing OBL, that Obama will take responsibility for?

 

[AK Forty Seven]

Quote from AAAintheBeltway:

And on OBL, that is the one thing he could legitimately give Bush some credit for but of course, he won't.

Yeah Bush deserves credit for OBL




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[Scataphagos]

Quote from AAAintheBeltway:

"... Is there anything that has happened since he took office, other than killing OBL, that Obama will take responsibility for?

Even THAT was probably a lie.

Seal Team 6... the ones (supposedly) that did the deed... 30 of whom died in a helicopter crash shortly thereafter.

Coincidence? Or just "cleaning up loose ends"?