When
King DingleBarry breaks his arm patting himself on the back for
“slashing the deficit,” just once I'd like to see someone break
out these numbers to throw in his face. Did you know the Vapid
Vacationer holds all
the records for highest deficits? That is not
a joke.
These are the deficits accrued under Bush and his Royal Lowness:
These are the deficits accrued under Bush and his Royal Lowness:
President
Stompy Feet: First Term = $5.073 trillion.
FY 2013 - $901 billion.
FY 2012 - $1.327 trillion.
FY 2011 - $1.299 trillion.
FY 2010 - $1.546 ($1.293 trillion plus $253 billion from the Obama Stimulus Act that was attached to the FY 2009 budget).
President George W. Bush: First Term = $1.267 trillion. Second Term = $2.027 trillion. Total = $3.294.
FY 2009 - $1.16 trillion. ($1.416 trillion minus $253 billion from Obama's Stimulus Act)
FY 2008 - $458 billion.
FY 2007 - $161 billion.
FY 2006 - $248 billion.
FY 2005 - $318 billion.
FY 2004 - $413 billion.
FY 2003 - $378 billion.
FY 2002 - $158 billion.
With the exception of Bush's last budget year (and I still think those numbers are off), the Perpetual Campaigner's deficits are double, at minimum, what his predecessor's were at their highest.
The national debt has increased approximately 60% since the Head Jackass took office, going from $10.6 trillion to about $17.5 trillion as I write this, and is on track to more than double by the time he leaves office. In essence, King DingleBarry will have spent more money then all other presidents combined. Ponder that for a moment. One man, in eight years, will have spent more money than 43 other men during the previous 224 years. I'm doing the research and even I'm having trouble wrapping my mind around that.
The public share of that debt he's racked up has risen nearly *90%* (so far). Think about that for a few minutes. Your personal share, as I write this, is just shy of $56,000. Comforting thought, isn't it?
Let me see if I can get this straight, in light of the clean debt ceiling raise recently.
America is in deep financial trouble because the “government” spends nearly a TRILLION dollars more than it takes in, so we have to borrow money to cover the spending gap.
We can't afford to pay back those loans because we spend so much more than we have, so the answer is to borrow more money to pay the interest on the loans we already can't afford to pay back.
And naturally, the answer to that problem is to raise the debt ceiling so we can borrow even more money to pay back the loans we took out to pay down the interest on the loans we took out because we spend more than we take in.
And everybody's OKAY with this?
FY 2013 - $901 billion.
FY 2012 - $1.327 trillion.
FY 2011 - $1.299 trillion.
FY 2010 - $1.546 ($1.293 trillion plus $253 billion from the Obama Stimulus Act that was attached to the FY 2009 budget).
President George W. Bush: First Term = $1.267 trillion. Second Term = $2.027 trillion. Total = $3.294.
FY 2009 - $1.16 trillion. ($1.416 trillion minus $253 billion from Obama's Stimulus Act)
FY 2008 - $458 billion.
FY 2007 - $161 billion.
FY 2006 - $248 billion.
FY 2005 - $318 billion.
FY 2004 - $413 billion.
FY 2003 - $378 billion.
FY 2002 - $158 billion.
With the exception of Bush's last budget year (and I still think those numbers are off), the Perpetual Campaigner's deficits are double, at minimum, what his predecessor's were at their highest.
The national debt has increased approximately 60% since the Head Jackass took office, going from $10.6 trillion to about $17.5 trillion as I write this, and is on track to more than double by the time he leaves office. In essence, King DingleBarry will have spent more money then all other presidents combined. Ponder that for a moment. One man, in eight years, will have spent more money than 43 other men during the previous 224 years. I'm doing the research and even I'm having trouble wrapping my mind around that.
The public share of that debt he's racked up has risen nearly *90%* (so far). Think about that for a few minutes. Your personal share, as I write this, is just shy of $56,000. Comforting thought, isn't it?
Let me see if I can get this straight, in light of the clean debt ceiling raise recently.
America is in deep financial trouble because the “government” spends nearly a TRILLION dollars more than it takes in, so we have to borrow money to cover the spending gap.
We can't afford to pay back those loans because we spend so much more than we have, so the answer is to borrow more money to pay the interest on the loans we already can't afford to pay back.
And naturally, the answer to that problem is to raise the debt ceiling so we can borrow even more money to pay back the loans we took out to pay down the interest on the loans we took out because we spend more than we take in.
And everybody's OKAY with this?
The
United States is ranked #1 in the world's
wealthiest nations, with a GDP of $16.238 trillion. That's only
$2.417 trillion less than China and India's GDP *combined* (ranked 2
& 3, respectively). Our GDP is more than 3 though 5 combined.
With that much wealth, can someone please explain to me why the U.S.
is in debt at all?
This nation has been in debt since its inception, but as the numbers above show, we are quickly approaching the point of no return, if we're not already past it. ~ Hunter
This nation has been in debt since its inception, but as the numbers above show, we are quickly approaching the point of no return, if we're not already past it. ~ Hunter
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