In response to:

President Obama's Debt Achievement

Stan382 Wrote: Oct 02, 2012 1:55 PM
Actually the Democrats have controlled Congress since January 3rd, 2007 and thus the Nation's purse strings. Since the Democrats Still control the Senate, and spending bills have to pass through the Senate (which the Democrat controlled Senate is stalling all House of Representatives budgetary bills); the Democrats still control the Congress. Look at the chart from 2007 to 2012 and you will see the Democrat impact on our economy.

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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