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wickowick 
LSU Fan
Head of Island
Member since Dec 2006
12871 posts
| First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi (Posted on 1/21/13 at 5:03 pm)
LINK
quote:
(CNSNews.com) - During Barack Obama’s first term as president of the United States, the debt of the federal government increased by $5.8 trillion, which exceeds the combined debt accumulated under all presidents from George Washington through Bill Clinton.
The new federal debt accumulated in Obama's first term equaled approximately $50,521 for each of household in the country.
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DeltaDoc
LSU Fan
The Delta
Member since Jan 2008
6208 posts
 Online
| re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi (Posted on 1/21/13 at 5:05 pm to wickowick)
I don't care, Obama is awesome.
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mtntiger
LSU Fan
Asheville, NC
Member since Oct 2003
7742 posts
| re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi (Posted on 1/21/13 at 5:05 pm to wickowick)
Man, that's a lot of monopoly money.
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Federal Tiger
LSU Fan
Connecticut
Member since Dec 2007
5335 posts
| re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi (Posted on 1/21/13 at 5:06 pm to wickowick)
I would like to see that figure for "federal income tax" paying households.
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doubleb
LSU Fan
Baton Rouge
Member since Aug 2006
2952 posts
| re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi (Posted on 1/21/13 at 5:06 pm to Federal Tiger)
Now he's got four more years to finish what he started.
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TOPAL
LSU Fan
Member since Mar 2010
644 posts
Online
| re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi (Posted on 1/21/13 at 5:11 pm to Federal Tiger)
Just multiply times 2
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Tiger n Miami AU83 
Auburn Fan
Miami
Member since Oct 2007
25215 posts
| re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi (Posted on 1/21/13 at 5:12 pm to DeltaDoc)
quote:
I don't care, Obama is awesome.
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DonChowder
LSU Fan
Crockpot
Member since Dec 2012
1480 posts
| re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi (Posted on 1/21/13 at 6:04 pm to Tiger n Miami AU83)
quote:
I don't care, Obama is awesome.
quote:
Tiger n Miami AU83
You're definitely the type to parrot this ridiculous answer. Thing is, I believe the first guy was being sarcastic.
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Tiger n Miami AU83
Auburn Fan
Miami
Member since Oct 2007
25215 posts
| re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi (Posted on 1/21/13 at 6:06 pm to DonChowder)
Bull shite. Obama is one Cool Cat.  
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Elcid96
LSU Fan
Member since May 2010
4389 posts
| re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi (Posted on 1/21/13 at 6:08 pm to wickowick)
How else did you expect him to spread the wealth around. He had to spread the pain first.
He is doing this to make the middle classes money more worthless. All in the name of "social justice".
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CajunAngele
LSU Fan
Member since Oct 2012
5227 posts
Online
| re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi (Posted on 1/21/13 at 6:15 pm to wickowick)
WAIT A COTTON PICKIN MINUTE! Obama released a graphic at the beginning of his campaign that said he had the least deficit of all.
This can't be! I thought Obama was for the poor people and the middle class?
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Antonio Moss
LSU Fan
Baton Rouge
Member since Mar 2006
25303 posts
| re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi (Posted on 1/21/13 at 6:22 pm to CajunAngele)
Obama has the four largest yearly deficits in US history. The next two belong to FDR. In fairness to Obama, a lot of his deficit is comprised of shitty programs started under FDR.
Moral of the story: Progressives suck at math.
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Reubaltaich 
USA Fan
A nation under duress
Member since Jun 2006
1777 posts
| re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi (Posted on 1/21/13 at 6:28 pm to Antonio Moss)
Leave barry alone, he is the first black president, you bunch of racists.
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kywildcatfanone 
Kentucky Fan
Wildcat Country!
Member since Oct 2012
6485 posts
Online
| re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi (Posted on 1/21/13 at 6:38 pm to Reubaltaich)
I'm guessing Federal household debt will triple in the next four years, with no reason not to abuse the taxpayers and the US Constitution.
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cigsmcgee 
Arkansas Fan
LR
Member since May 2012
1901 posts
| re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi (Posted on 1/21/13 at 6:49 pm to Antonio Moss)
quote:
Obama has the four largest yearly deficits in US history. The next two belong to FDR.
surely each inheriting catastrophic domestic economies arent the common theme here, are they?
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CowboyPride 
Oklahoma State Fan
Louisiana
Member since Oct 2012
128 posts
| re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi (Posted on 1/22/13 at 11:14 am to wickowick)
Pretty easy to divide the national debt by the # of households in the U.S. and make it look shocking.
This isnt just "Obama's Debt" its "Our Debt" and "Our Children's Debt" and "Our Children's Children's Debt".
It was there after Bush left and will be when Obama leaves.
Rather than pointing fingers maybe there should be a discussion on how WE can reduce OUR debt?
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alajones
LSU Fan
Barksdale AFB
Member since Oct 2005
19284 posts
| re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi (Posted on 1/22/13 at 11:17 am to CowboyPride)
quote:
Rather than pointing fingers maybe there should be a discussion on how WE can reduce OUR debt?
I'll go.
Step 1. Don't have budgets a trillion in the red.
Step 2. Make Medicare and SS self sustaining.
This post was edited on 1/22 at 11:18 am
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taylormade 
Alabama Fan
Tumbleton
Member since Jan 2011
6462 posts
| re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi (Posted on 1/22/13 at 12:10 pm to wickowick)
forward!!!!
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UncleFestersLegs
Columbia MO
Member since Nov 2010
536 posts
Online
| re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi (Posted on 1/22/13 at 1:08 pm to CowboyPride)
quote:
Pretty easy to divide the national debt by the # of households in the U.S. and make it look shocking.
Math can be an unforgiving adversary.
quote:
Rather than pointing fingers maybe there should be a discussion on how WE can reduce OUR debt?
O got his tax increases. Isn't the problem solved?
This post was edited on 1/22 at 1:09 pm
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