Quote:
Originally Posted by Guest
It has tripled since Bush took office, doubling during Bush's term.
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Not true. It doubled during Bush's terms, with 2nd term Dem controlled congress and then it will double again during Obama's terms, with Dem controlled first term and tyrant controlled second term.
During Bush's terms, the Avg yearly increase in national debt was in the billions, not trillions. During Obama's terms, the national debt will average over a trillion per year.
The only time in Bush's two terms where the debt went up a trillion bucks was in 2008. And it might be added, that congress was controlled by Dems since 2007. Never in Obama's terms did the yearly national debt increase go below a trillion.
You can scream about unfunded wars during Bush, but the fact remains that even then the national debt per year was below a trillion until 2008.
Obama had complete control of congress for two whole years, and was not able to get a handle on the debt problem, increasing the ceiling every year against advice from Republicans and economists.
I got my figures from TreasuryDirect.gov if anyone wishes to verify my information. If you want to see who controlled congress during those years considered, I used Wikipedia. I took into consideration the fiscal year, not the actual years of office, because of the protests posted by Obamanites on here.
To summarize, Bush did double the national debt. But, not one year of Bush's two terms increased by a trillion dollars, except until fiscal year 2008. Dem's controlled congress from 2007 on.
Obama has never had a year of national debt less than a trillion dollars and won't. Regardless of excuses, congress as well as the white house was totally controlled by Dem's for the first two years of his first term. He was advised not to increase the debt loan ceiling by the GOP as well as the economists but did so with threats and slurs. Since Obama's reign, the GDP has tanked and stagnated. This is the longest recession/depression recovery in history, that's due to poor management by this administration.
We have the most people that have left the work force
We have the highest amount of people on food stamps
Unemployment benefits were extended for over a year
The most workers that have retired early
House sales lowest in decades
On top of all this Obama has ruined our foreign policy
He has racially divided this country worst than any previous president in history.
He has used his power to prevent immigration laws from being enforced
Not to mention what he has done as far as shredding the constitution.