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President Obama's Debt Achievement

Ron4594 Wrote: Oct 02, 2012 10:08 AM
EVERYBODY START READING HERE: BARRY HUSSEIN OBAMBA DID NOT "INHERIT" THE ECONOMY IN 2009, HE CAUSED IT !!! BARRY AND THE OBAMBACRATS TOOK CONTROL OF CONGRESS ON JANUARY 3, 2007. THAT IS WHEN THE DESTRUCTION OF THE COUNTRY, THE PEOPLE, AND THE ECONOMY STARTED. BEFORE THAT DATE, THE COUNTRY WAS THRIVING, UNEMPLOYMENT WAS 4.7%, AND AN ADDITIONAL 300,000 NEW PRIVATE SECTOR JOBS WERE CREATED EVERY MONTH. THE DEMOCRAT-CONTROLLED SENATE PREVENTS HOUSE BILLS FROM BEING LAW.

How does President Obama's contribution to the national debt compare to those of other modern Presidents?

To answer that question, we're going to express the United States' total public debt outstanding in the more human scale terms of U.S. households, for which the U.S. Census provides data going back to 1967. Our chart below summarizes what we find when we calculate the national debt per U.S. household for each of the U.S. government's fiscal year from 1967 through the just ended fiscal year for 2012, both in nominal and...

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