Vote on Debt Limit increase?

[Nascar1966]

Originally Posted by dellinger63

I just had a chance to look up the national debt in regards to W. Bush and Obama. Interesting.

1/18/01 Bush begins National Debt $5.725 trillion

1/20/09 Bush leaves and Obama begins $10.626 trillion

1/20/10 End of Obama's first year $12.327 trillion

1/20/11 End of Obama's second year $14.056 trillion

Incidently today 4 months later it's $14.345 trillion


So under Bush in 8 years the National Debt rose a total of $4.901 trillion or an average of $0.612 trillion/year

Not so surprisingly considering Obama's giveaway budget (not some fraction of such) he has managed a $1.611 trillion increase in his first year and a $1.729 trillion increase in year two. A 2 year total of $3.34 trillion. Should he manage to continue at the same pace for the next 6 years with no increase, he's on target to smash Bush down with a $13.6 trillion increase to Bush's $4.901 almost three times as much. The theory that a dollar given away comes back at a $1.60 is David Blaine stuff. It's actually a dollar we finance and pay interest on.

Incidently the amount the budget has been raised from year to year is close to a direct correlation to the amount the debt has risen. Whatever bailout and stimulus packages that have been tried have failed miserably by both Bush and Obama.

Riot will want to see a graph of this. If you show her a graph she still wont believe it. Maybe the smell of the dog poo at her vet place has ruined her brain cells that she has left. The limited ones she has left.