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August 22, 2011
Obama Debt Tracker - more than $4 trillion of total new national debt added in 31 months
Topics: Political News and commentariesJust in case you haven't been keeping count ... since the day President Barack Hussein Obama was inaugurated into office 31 months ago, Obama, Pelosi, and Reid have increased the total combined national debt by more than four trillion dollars (Obama has increased the Total Public Debt Outstanding by 37.8%since 1/20/09). It's the most rapid increase in the debt under ANY U.S. president - EVER:
Date ..................... Total Public Debt OutstandingAs pointed out at Free Republic, that's a mind-blowing increase of roughly one trillion dollars every eight months, or approximately $4.26 billion each and every single day. Four trillion dollars is a bit less than $13,000 for every single man, woman, and child in the United States.01/20/2009 ........... 10,626,877,048,913.08
8/19/2011 .............. 14,639,239,567,874.38
And then there's this: Total debt outstanding when W took office on Jan. 20, 2001 was: $5,727,776,738,304.64. Looking back to when Pelosi and Reid took over control of the House and the Senate in '07 - the total public debt was $8,673,152,446,066.83 - GW had increased the public debt by about $2 trillion in 6 years. Since their takeover of Congress ... the democrats have increased the debt by $9 trillion in just 4-1/2 years.
If you harbor doubts about any of this ... go check it out for yourself!
Related: IBD Editorial: As Failures Grow, Obama Blames Others
Posted by Hyscience at August 22, 2011 7:03 PM
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