lindajoy Loc: right here with you....

And then there’s this fact..
You did see the growth in spending, right?? Ohh and a budget that he supported and lived by right??

Based on quarterly data released by the US Treasury, the debt at the end of 2008 - just before Obama took office - stood at roughly $10,699,805,000,000.

As of the third quarter of 2016, the most recent data available, the debt as Obama is set to leave office stood at $19,573,445,000,000.

Based on the website USdebtclock.com, which extrapolates the US national debt in real time based on committed government spending, the debt will be roughly $19.97 trillion when President-elect Donald Trump takes office on Friday.

Thus, the national debt under Obama will have grown by about $9 trillion, or an increase of 86%.

kankune Loc: Iowa

Now that you're over your little hissy fit. I said Bush helped put is back in the hole. I'm not a fan of his. Take a chill pill and mellow out!

JFlorio Loc: Seminole Florida

Good job as per usual. How do liberals overlook all that spending Obama did? It's math, not partisan politics; until the blame game starts. Actually debt isn't the real problem. The ratio of debt to GDP is the problem.

http://www.factcheck.org/2012/02/dueling-debt-deceptions/

kankune Loc: Iowa

I take it back on the chill pill. Have a shot or maybe two. You need it.....

kankune Loc: Iowa

Yep right....wh**ever you say. 🤥🤥🤥🤥

jack sequim wa Loc: Blanchard, Idaho

Dear, have you a short memory.
Have you forgotten car dealerships (corporations) lost nearly 40%of dealerships nationwide? Restaurants (corporations) went out by the thousands, big box stores (sears, jc Penny's, Macy's), mini malls across America closing, Recreational Vehicles (motor home, travel trailers), closing accross America? We were bleeding millions of jobs, tens upon tens of thousands of corporations going out of business. The only hope was tax cuts in order to stop the bleeding.
Roosevelt (measured by economists, years later) policies extended the depression by at least double, of what it's recovery would have been
Then under Obama more businesses closing than opening, first time in history directly related to his restrictive regulations during the time businesses were on life support.

You have been mentally brainwashed, by liberal media twisting facts and t***hs.
Everything I just posted is empirical fact and beyond refut.

Last, over 95% of all Americans have zero idea how America's economy works, and over 95% of Americans repeat what they read and hear with zero understanding of economic facts. By the way, 95% includes all political parties, so thus is not an attack on liberals.

Factoid : using the same economic tools used to measure the "great depression" 2008/2009 was far greater and was not a recession, but America's 2nd and Greatest depression. The only "Major" difference was this time in history we had "unemployment", food stamps, welfare and tax rebates or food lines would have stretched for miles, r**ts, home invasions on epic scales.

jack sequim wa Loc: Blanchard, Idaho

Wake up, over 12 trillion fed money "not included in the national debt" was uncovered but kept very hush. Look it up.

Explain why Obama directed over 3.5 trillion dollars to Wallstreet instead of mainstreet? Obama utilized not 9 trillion of fed money, but over 16 trillion dollars of fed money.

Don't continue arguing what you know nothing about, stop while you're behind.

working class stiff Loc: N. Carolina

Yup....those trillions add up fast once a huge hole is blasted into the budget. Doesn't change the fact that is was Bush who created that hole. At least Obama stopped digging.

http://mises.org/blog/federal-spending-grew-more-under-bush-and-reagan-under-obama

jack sequim wa Loc: Blanchard, Idaho

OH, least we forget that tiny little unfunded liabilities of over $200 trillion, directly a result of liberal policies.... Fact, fact, fact and under Obama policies, Clinton policies 90+% empirical evidence resulting from those policies.

jack sequim wa Loc: Blanchard, Idaho

This is complete BS authored by an i***t, misrepresented facts, a complete deceptive conclusion.
And you know zero about the micro and macro economics that fuel America's economic engine. Just stop

working class stiff Loc: N. Carolina

Yes...the Mises and Austrian school of economics are real i***t liberals. Not!
Just can't deal with facts, can you? Think of it this way....what money did Obama have to spend? Revenues in 09, 10, 11, and 12 did not match revenues of 2008 due to the recession. Blaming the debt on Obama only is just intellectually dishonest.

http://www.thebalance.com/current-u-s-federal-government-tax-revenue-3305762

jack sequim wa Loc: Blanchard, Idaho

Common, do you actually believe every trillion went through congress? Go back and learn what your talking about. History can be revised, but the t***h cannot be hidden.

jack sequim wa Loc: Blanchard, Idaho

The balance?? Really??? That is where you become informed? That's where you become infected!!!!!

Fact check me!!! Let's just point out one small lie. Did you know over 90% of corporations do not pay corporate taxes?? No you didn't!!!! They are refered to as "flow through" profits passed on to owners, that pay individual tax!!!! The other 10% are larger corporations that when taxed lower, spend billions on research and development, expansion, which creates jobs.
As previously stated, you can only bury history and t***h. Fact: history states the above.

Under Obama research and development nearly stopped accross America, expansion stopped, hiring stopped by the largest and small corporations.
Again, the chart used by the author is only 1% of the picture and the author has poorly manipulated those numbers

wuzblynd Loc: thomson georgia

According to Jim Dement and many others all Clinton did was ride the final wave of Reaganomics. A real historical t***h is,nothing good comes from demonRATS. They represent every thing immoral and ungodly.

working class stiff Loc: N. Carolina

So stop trying to revise and face the t***h: it's Republican who like to increase deficit spending and adding to the debt. The numbers don't lie. Reagan excoriated Carter for his 60B deficits and promptly ran 200B deficits. Bush Jr. was handed a balanced budget and then handed Obama a budget with 1. 2 trillion in deficits.