-={ARCLIGHT}=- wrote:
edge540 wrote:
Where was all the phony outrage over the deficit from 2000 to 2008?
Fascinating how the conservative sheep & the republican politicians didn't say one freaking thing about it. Nothing. Zero. Zip.
Amazing, isn't it?
Dear Stupid,
If you are unable to see that Dumbo has spent the equivalent of all administration from from Washington thru Clinton, then your myopia is your own doing.
edge540 wrote:
Right wing bullshit
Obama on Pace to Borrow $6.2T in One Term—More Than All Presidents from Washington Through Clinton CombinedPresident Barack Obama has been increasing the national debt during his presidency by an average of $4.24 billion per day ($4,240,506,004.34) putting him on a pace to increase the national debt by $6.2 trillion ($6,195,379,272,340.74) by the end of his term on Jan. 20, 2013,
according to the debt figures published by the U.S. Treasury.
http://www.treasurydirect.gov/NP/BPDLog ... ication=npThat $6.2 trillion is more debt than was accumulated by all U.S. presidents from George Washington through Bill Clinton combined.
In fact, the U.S. national debt did not eclipse the $6.195 trillion level—the amount Obama is on pace to increase it in one term—until August 19, 2002, during President George W. Bush’s second year of office.The national debt was $10.6 trillion ($10,626,877,048,913.08) on Jan. 20, 2009, the day Obama was inaugurated. As of the close of business on Jan. 11, 2012, it was $15.2 trillion ($15,236,307,075,631.58.) In Obama’s first 1,087 days in office, the debt increased $4.6 trillion ($4,609,430,026,718.50)—or an increase of $4.24 billion ($4,240,506,004.34) per day.
At that daily rate, the debt would increase a total of $6.2 trillion ($6,195,379,272,340.74) over the entire 1,461 days of Obama’s four year term.
At the close of business Aug. 19, 2002, the total national debt was $6.195 trillion.