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Obama’s $16 Trillion Debt…a 60% Increase in 4 Years (Videos)

Posted by FactReal on September 4, 2012

Obama Added $6 Trillion to the National Debt in 4 Years
The Foundry reports:

Today, the U.S. debt clock hit $16 trillion. Compare that to the end of 2008, just days before President Obama officially took office, when the total federal debt was short of $10 trillion. That’s a 60 percent increase in the federal debt in less than 4 years! Now more than ever, Congress should get to work to rein in out-of-control spending and debt. The economic health of the American nation is at stake.

FLASHBACK 2008:
Obama blasted Bush for Adding $4 Trillion to the National Debt in 8 Years

On July 3, 2008, candidate Obama said adding $4 trillion to debt was unpatriotic
Obama said in July 2008:
The problem is, is that the way Bush has done it over the last eight years is to take out a credit card from the Bank of China in the name of our children, driving up our national debt from $5 trillion for the first 42 presidents – #43 added $4 trillion by his lonesome, so that we now have over $9 trillion of debt that we are going to have to pay back — $30,000 for every man, woman and child. That’s irresponsible. It’s unpatriotic.

MORE
Treasury Dept: Obama Added $6 Trillion to US Debt in 4 Years; Bush $4.9 Trillion in 8 years

2 Responses to “Obama’s $16 Trillion Debt…a 60% Increase in 4 Years (Videos)”

  1. […] Obama’s $16 Trillion Debt…a 60% Increase in 4 Years (Videos) […]

  2. […] Obama’s $16 Trillion Debt…a 60% Increase in 4 Years (Videos) […]

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