First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi | TigerDroppings.com

Posted byMessage
wickowick
LSU Fan
Head of Island
Member since Dec 2006
20050 posts

First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi


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.







Back to top
Share:
DeltaDoc
LSU Fan
The Delta
Member since Jan 2008
8262 posts

re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi


I don't care, Obama is awesome.





Back to top
mtntiger
LSU Fan
Asheville, NC
Member since Oct 2003
8718 posts
 Online 

re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi


Man, that's a lot of monopoly money.





Back to top
Federal Tiger
LSU Fan
Connecticut
Member since Dec 2007
5892 posts

re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi


I would like to see that figure for "federal income tax" paying households.





Back to top
doubleb
LSU Fan
Baton Rouge
Member since Aug 2006
4956 posts

re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi


Now he's got four more years to finish what he started.





Back to top
TOPAL
LSU Fan
Member since Mar 2010
756 posts

re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi


Just multiply times 2





Back to top
Tiger n Miami AU83
Auburn Fan
Miami
Member since Oct 2007
31819 posts

re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi


quote:

I don't care, Obama is awesome.






Back to top
DonChowder
LSU Fan
Crockpot
Member since Dec 2012
3843 posts

re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi


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.






Back to top
Tiger n Miami AU83
Auburn Fan
Miami
Member since Oct 2007
31819 posts

re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi


Bull shite. Obama is one Cool Cat.





Back to top
Elcid96
LSU Fan
Member since May 2010
5263 posts

re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi


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".






Back to top
CajunAngele
LSU Fan
Member since Oct 2012
11168 posts

re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi


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?






Back to top
Antonio Moss
LSU Fan
Baton Rouge
Member since Mar 2006
27790 posts

re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi


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.






Back to top
Reubaltaich
USA Fan
A nation under duress
Member since Jun 2006
2251 posts

re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi


Leave barry alone, he is the first black president, you bunch of racists.





Back to top
kywildcatfanone
Kentucky Fan
Wildcat Country!
Member since Oct 2012
14273 posts

re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi


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.





Back to top
cigsmcgee
Arkansas Fan
LR
Member since May 2012
2739 posts

re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi


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?






Back to top
CowboyPride
Oklahoma State Fan
Louisiana
Member since Oct 2012
136 posts

re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi


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?






Back to top
alajones
LSU Fan
Hell
Member since Oct 2005
21541 posts

re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi


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


Back to top
taylormade
Alabama Fan
Tumbleton
Member since Jan 2011
7733 posts

re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi


forward!!!!







Back to top
UncleFestersLegs
Columbia MO
Member since Nov 2010
977 posts

re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi


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


Back to top



Back to top