Debt Grew Four Times Faster Under Obama than Clinton or Bush

From:

www.weeklystandard.com...

The Weekly Standard Blog

An alarming chart from the Republican side of the Senate Budget Committee showing the "rate of debt increase during presidents' 4-year terms."

11:57 AM, Apr 3, 2012 • By DANIEL HALPER

· In just four years, President Obama’s policies will have added $6.4 trillion in new gross debt, for a total debt of $16.4 trillion by the end of this year.

· Per-household debt will have risen from $85,500 at the end of 2008 to $135,100 by the end of 2012.

· Average spending under the Obama Administration will be 33 percent higher than the four years preceding his term.

I realize that massive debt is a strategy of these satanic Marxist globalist puppet master blokes:

twoday.net...

And that Lindsey Williams recently asserted that his elite source(s) asserted to him that

Obama has so outraged them about the oil pipeline that they may not allow him to be re-SElected.

And . . . that they are working to create super massive debt around the world and in every locale so that they have every Nation and individual over a barrel yielding total control to the hyper controllers.

His Alex Jones recent talk about such is here:

www.youtube.com...

May God have Mercy on all of good heart.

It sure sounds like the puppet masters are tighetening the screws every way they can . . .

It may be the case that WW3 is not as close at hand as we'd thought . . . though prior to the Nov SElection still sounds possible.

I realize that apologists for Obama will still rationalize away his massive contributive decisions and actions to such debt increases.

And, I realize that regardless of who the puppet masters SElect . . . their program will be pushed forward one way or another.

Lindsey Williams asserted that his elite source(s) are angry with "He's a Muslim!" Obama for favoring his Saudi bretheren and benefactors against the pipeline.

Certainly that works to increase debt on every american consumer that uses gasoline for transportation or oil for heat or oil generated electricity.

However, given that some folks think Obama is virtually the Mahdi and walks on water . . .

Carry on.

RACIST! You know that you are attacking the "messiah" solely due to his race. [/sarcasm]

Not shocking. Obama's four year term racked up more public debt than Bush's combined eight year terms.

Economically speaking, Barack Obama is the worst president in United States history.

reply to post by DarthMuerte



Thanks for the sarcasm tag.

I'd have felt the same way about the Marxist Muslim had he red, white and blue skin with gold polka dots.

Many pics of him with a range of 'that certain look' in his eyes indicate to me a high likelihood of very serious demonic influences in his life . . . if not within his person.

I suspect the list of treasonous Republic-destroying actions would be pages long.

The truth will out.

Short of his confession and repentance . . . he will be paying more dearly than he has a capacity to pay.

His arrogance convinces him he can get away with murder and he evidently has repeatedly already . . . and is gearing up to genocidally murder on a massive scale.

What a great guy . . . i.e. if one can call horrifically destructive and terribly malicious demonized Marxist Muslim globalists from hell "great guys."

He IS fulfilling his ordered DESTROYER-IN-CHIEF role very very effectively . . . and with a certain flair and que sera sera across many golf courses and international vacation spots.

I'll give him that.

And, he's a great charade . . . getting so many less than thoughtful folks to think he's a great "savior" ????

Must be some sort of 'inside joke' for the lobotomized fraternity.

Originally posted by imherejusttoread
Not shocking. Obama's four year term racked up more public debt than Bush's combined eight year terms.

Economically speaking, Barack Obama is the worst president in United States history.

--economically speaking
--freedoms speaking
--self-respect speaking

--any hint of truth in public office speaking
--ruthlessness speaking

--deception speaking
--chronic compulsive lying speaking

--cynical sadistic harshness against the Constitution and the people & values of the USA speaking
--crass, clunky, low class, cheap (remember the arrogant gift to Queen Elizabeth II), foolish, clueless speaking

--hostility to the small businessman speaking
--hostility to cheaper electricity and gasoline speaking

--hostility to a free internet speaking
--hostility to free choice and cheaper medical care speaking

--hostility to the Judeo/Christian foundation and values of our Republic and culture speaking
--hostility to life, liberty and pursuit of happiness speaking

--culture of death speaking
--culture of thuggary and !!!CONTROL!!! freaque intimidation speaking

. . .

Shhhhhhhhhhh there you go again arguing with facts if there is one thing Liberals hate is when people arguing with facts!!

Remember people capitalism doesn't work and "go it alone and your one your own" has no place in modern society,

Free crap has a price.

reply to post by BO XIAN


I guess that is one way to spin the numbers...

GW Bush added 6.1 Trillion to the debt, President Obama has added 3.6 during the worst economic crisis in generations.

I wonder what the debt would be without the war in Iraq or the tax breaks for Millionaires and Billionaires that GW put in place and that the GOP refuse to get rid of?

· In just four years, President Obama’s policies will have added $6.4 trillion in new gross debt, for a total debt of $16.4 trillion by the end of this year.

· Per-household debt will have risen from $85,500 at the end of 2008 to $135,100 by the end of 2012.

· Average spending under the Obama Administration will be 33 percent higher than the four years preceding his term.

BTW - I knew to put on my BS mask the minute the author had to fast forward with his crystal ball to make the numbers work.

reply to post by BO XIAN


Four times more than Clinton?

I call horsesh!t...

Clinton ran a surplus.

Man, I miss me some Clinton.

Anyone else remember when you could fill-out ten résumés and then have to sort through the seven that called you back to make your decision on which to accept?

I guess they needed a Democrat to compare to though...

Americans need to wake up to this "bi-partisan" bullsh!t they feed us on a daily basis, and start looking at what is really going on.

But alas... it seems they have found the easiest way to keep people's minds closed. Keep the American people fighting with each other, and they will never be able to unify against the true tyranny...

Oh well... I 100% guarantee people realize what is going on one day. The question is, will it be too late?

You can watch it here:

The Clock Time O-bomb

It's closing in on $50,000 per person !!

Family of 4 = $200,000

Obomba says: Time to pay up or shut up !!

"I guess we need to raise taxes. I think a value added tax is in order after I'm elected again."

Originally posted by Indigo5
reply to post by BO XIAN

 

GW Bush added 6.1 Trillion to the debt, President Obama has added 3.6 during the worst economic crisis in generations.

I wonder what the debt would be without the war in Iraq or the tax breaks for Millionaires and Billionaires that GW put in place and that the GOP refuse to get rid of?

No source for your figure?

The graph at the OP link indicates that:

CLINTON ADDED $1.2 TRILLION TO THE DEBT FY 93-FY96

W BUSH ADDED $1.7 TRILLION TO THE DEBT FY01-FY04

OBAMA ADDED $6.4 TRILLION TO THE DEBT FY09-FY12

And . . . recent research indicates that there are significantly more billionaires et al in the Dem category than in the GOP category.

I'll stop my rant on that issue for now . . .

It is better to deal with FACTS in terms of economics rather than bias and ASSUMPTIONS.

Ahhh the grand old LIE the Clinton surplus anyone can run a "surplus" when they steal from social security and leave a bunch of IOU'S.

Then of course the national debt was still 5 trillion so how the hell was there a surplus?

reply to post by YouAreLiedTo



I think you need to check the fine print of Clinton's figures.

He was a master smhoozer . . . serial rapist and puller of wool over folks' eyes.

this chart is not bad.

by president

debt

Reagan -- +189% in 8 years but only $1.66 trillion total.

reply to post by xuenchen


Awww Mr reagan when gas was 89 cents a gallon and a savings account actually paid 6% a year and the dollar was actually worth something.

Originally posted by BO XIAN

No source for your figure?

The graph at the OP link indicates that:

CLINTON ADDED $1.2 TRILLION TO THE DEBT FY 93-FY96

W BUSH ADDED $1.7 TRILLION TO THE DEBT FY01-FY04

OBAMA ADDED $6.4 TRILLION TO THE DEBT FY09-FY12

Seriously...are you OK? Did you not notice that you missed Bush's second term? Or that FY12 just got started and the author simply created a future FY12 to suit his needs?

Originally posted by BO XIAN
It is better to deal with FACTS in terms of economics rather than bias and ASSUMPTIONS.

It sure is...not holding my breath it will happen on this thread though.

Let me know what of my numbers you dispute and I will direct you to both left, right and in the middle sources backing them up. They are common knowledge.

The amounts are widely available through a quick google search. Which of my numbers do you dispute?

Originally posted by neo96
reply to post by xuenchen

 

Awww Mr reagan when gas was 89 cents a gallon and a savings account actually paid 6% a year and the dollar was actually worth something.

The paychecks were better too !!

And the food prices were not out of sight !!

Originally posted by xuenchen

Originally posted by neo96
reply to post by xuenchen

 

Awww Mr reagan when gas was 89 cents a gallon and a savings account actually paid 6% a year and the dollar was actually worth something.

The paychecks were better too !!

And the food prices were not out of sight !!

Yeah, I miss the 80's. $300/week was actually good money. You could have a car, a decent apartment, and still afford to have fun.

Originally posted by YouAreLiedTo
Man, I miss me some Clinton.

....

Americans need to wake up to this "bi-partisan" bullsh!t they feed us on a daily basis, and start looking at what is really going on.

It's a sad day when Bill Clinton's presidency looks like paradise compared to the last twelve years. Worst stretch ever, and this is coming from an anarcho-capitalist [me].

reply to post by Indigo5



EVIDENTLY

Your ASSUMPTION is that

Obama is NOT going to add astronomically MORE debt

during a 2nd term that HE HAS ADVERTISED WILL BE A NO HOLDS BARRED DESCENT

into raging EXTREMELY COSTLY Marxism/socialism

where everyone feeds out of the public trough and

as many private entities as possible will be killed off/nationalized etc.

Are you really unaware of the Marxist Muslim's avowed goals advertised over the whole of his life?

They are mostly public knowledge . . .

to the well informed.