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wickowick
LSU Fan
Head of Island
Member since Dec 2006
27788 posts

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

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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.



DeltaDoc
LSU Fan
The Delta
Member since Jan 2008
9977 posts

re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi
I don't care, Obama is awesome.


mtntiger
LSU Fan
Asheville, NC
Member since Oct 2003
9875 posts

re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi
Man, that's a lot of monopoly money.


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Federal Tiger
LSU Fan
Connecticut
Member since Dec 2007
6266 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.


doubleb
LSU Fan
Baton Rouge
Member since Aug 2006
8387 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.


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TOPAL
LSU Fan
Member since Mar 2010
951 posts

re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi
Just multiply times 2


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Tiger n Miami AU83
Auburn Fan
Miami
Member since Oct 2007
39096 posts
Online

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

I don't care, Obama is awesome.


DonChowder
LSU Fan
Sonoma County
Member since Dec 2012
6856 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.


Tiger n Miami AU83
Auburn Fan
Miami
Member since Oct 2007
39096 posts
Online

re: First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presi
Bull shite. Obama is one Cool Cat.


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Elcid96
LSU Fan
Member since May 2010
5464 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".


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cajunangelle
LSU Fan
R.I.P. los angeles tiger
Member since Oct 2012
21148 posts
Online

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?


Antonio Moss
LSU Fan
Baton Rouge
Member since Mar 2006
30583 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.


Reubaltaich
USA Fan
A nation under duress
Member since Jun 2006
3006 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.


kywildcatfanone
Kentucky Fan
Wildcat Country!
Member since Oct 2012
24155 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.


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cigsmcgee
Arkansas Fan
LR
Member since May 2012
3128 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?


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CowboyPride
Oklahoma State Fan
Louisiana
Member since Oct 2012
226 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?


alajones
LSU Fan
Hell
Member since Oct 2005
23330 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


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taylormade
Alabama Fan
Tumbleton
Member since Jan 2011
8553 posts

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


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UncleFestersLegs
Columbia MD
Member since Nov 2010
1869 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


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