Monday, February 25, 2013

The President proposed 29 new programs in the SOTU

And he’s running around campaigning for gun control.  Well, I might be trying to deflect the damage too because:

“On Jan. 20, 2009, when Obama was first inaugurated, the total debt of the federal government was $10,626,877,048,913.08, according to the U.S. Treasury. As of the close of business on Jan. 17, the last day reported by the Treasury before Obama’s second inauguration, the total debt of the federal government was $16,432,631,489,854.70.

Thus, from Obama’s first inauguration to his second, the federal government’s debt grew by $5,805,754,440,941.62.

Given that the Census Bureau currently estimates that there are 114,916,000 households in the United States, the $5,805,754,440,941.62 debt increase under Obama equals about $50,521 per household.”

http://cnsnews.com/news/article/first-term-obama-increased-debt-50521-household-more-first-42-presidents-53-terms

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