posted on Jun, 5 2011 @ 05:59 AM
reply to post by MaskedDebater
Soooo...just looking at that chart from msDNC above (which is several months outdated, for what its worth), it seems to me that Barack Obama is
responsible for almost 20% of all US debt in just 2.5 years in office. At the rate he's going, he may well earn that title of 'more debt than all
other presidents combined' if he stays in office eight years.
The reality is that the US is accumulating about $1.5 trillion of new debt every year under Obama. There's no real way to sugar coat that, and if
that rate continues, as it appears it will, he will have accumulated roughly $6 trillion in new debt in just four years. Given that the entire US
national debt currently stands around $14 trillion, *including* the $3+ trillion that Obama has already added, I don't really think there's much of
an argument to be made in his favor on this issue. His presidency has been a debt disaster to this point.
edit on 5-6-2011 by vor78 because:
(no reason given)