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Under President Barack Obama, the total debt of the U.S. government has increased by approximately $1,608,304 for each of the 4,130,665 babies born in the United States in 2009, the year Obama took office.
Today--Jan. 20, 2009--is the fifth anniversary of Obama’s first inauguration.
If the federal government were to continue accumulating net debt throughout the expected 78.5-year lifespan of a baby born in 2009 at the same average annual pace it has accumulated net debt during Obama’s first five years as president, the government would add more than $104 trillion in net debt during the life expectancy of those babies.
So far during Obama’s presidency, the federal government has borrowed a net total of $6,643,363,305,451.78. That works out to an average of approximately $1,328,672,661,090 per year, or $104,300,803,895,565 over 78.5 years.
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Between Jan. 20, 2009 and today, the Obama administration has run up more debt than the U.S. government accumulated from the Declaration of Independence in 1776 through June 29, 2003.Read the full story HERE.
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2 comments:
"Between Jan. 20, 2009 and today, the Obama administration has run up more debt than the U.S. government accumulated from the Declaration of Independence in 1776 through June 29, 2003."
Hey....Do you think Obama may have found his niche? ... Something he's good at?
^That^ would be a GREAT campaign issue for Republicans, except for the fact that 'Dubya' ran up the 2ND MOST DEBT of any president in US history. Kind of like the pot calling the kettle black. One more big reason why Republican voters should support TRUE conservatives like Ted Cruz over FAKE conservatives like this clown -
http://nation.foxnews.com/2013/11/06/starnes-chris-christie-rino-nj-says-he%E2%80%99s-conservative
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