Quote:
Originally Posted by Guest
Bush raised the national debt 104% coming off a stable economy and no war. Reagan increased the national debt 192% after inheriting a stable economy and no war. Obama increased the national debt 56% after inheriting a failed economy, a war, and the largest stock market crash in history. The only people that have failed are the citizens that blame Obama for fixing the country.
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I'd be interested in your math, because the stats I get from TreasuryDirect,gov prove you way wrong.
National Debt 30 Sep 2009 = 11,909,829,003,511.75
National Debt today, not yet Sep 30= $19,977,591,625,807 and we still have 22 days to go.
I'd be interested in how you got the figure of 56%. Is that a new kind of math?
Don't forget who controlled the Congress for the last two years of Bushes second term.
Obama is the only president in the past century that never achieved an average year GDP growth of 3%. That is a record poor performance.