Obama on Pace to Borrow $6.2T in One Term—More Than All Presidents from Washington Through Clinton Combined
Obama can no longer play the “blame Bush” game. Not now, or in the campaign to come. It rings hollow when the President whines that Bush left him “a mess” and a pile of debt, when he himself has wracked up more debt than nearly all administrations since the country was founded. And, he did so in only one term in office. Think what damage he could do with a second term.
Now if we can just get our Republican nominee, who ever that ends up being, to actually point this out as many times as they possibly can, we stand a good chance of getting rid of this Marxist dictator. The Republican’s (not true Conservatives) problem always seems to be a meek, afraid to make waves approach to campaigning. It’s the same cowardice they display once they’ve been elected to Congress. They need to stop being afraid of the Progressive smear machine, and get the message out to middle America. Now more than ever they need to act like men, instead of little boys who can’t handle the heat.
President Barack Obama has been increasing the national debt during his presidency by an average of $4.24 billion per day ($4,240,506,004.34) putting him on a pace to increase the national debt by $6.2 trillion ($6,195,379,272,340.74) by the end of his term on Jan. 20, 2013, according to the debt figures published by the U.S. Treasury.
That $6.2 trillion is more debt than was accumulated by all U.S. presidents from George Washington through Bill Clinton combined.
In fact, the U.S. national debt did not eclipse the $6.195 trillion level—the amount Obama is on pace to increase it in one term—until August 19, 2002, during President George W. Bush’s second year of office….