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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Soul Crusher on September 04, 2012, 01:22:42 PM

Title: Its Official: $16,000,000,000,000 in debt.
Post by: Soul Crusher on September 04, 2012, 01:22:42 PM

http://www.weeklystandard.com/blogs/1601576978821580_651649.html


Obama $5.4 Trillion in Three years. 


HOPE AND CHANGE 

Title: Re: Its Official: $16,000,000,000,000 in debt.
Post by: Soul Crusher on September 04, 2012, 01:24:32 PM

Title: Re: Its Official: $16,000,000,000,000 in debt.
Post by: Soul Crusher on September 04, 2012, 01:58:34 PM

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Title: Re: Its Official: $16,000,000,000,000 in debt.
Post by: Soul Crusher on September 04, 2012, 02:35:08 PM

U.S. Debt Now $136,260 Per Household—Up 50% Under Obama

By Terence P. Jeffrey

September 4, 2012






President Barack Obama in Toledo, Ohio, on Sept. 3, 2012. (AP Photo)

(CNSNews.com) -The U.S. government debt, which topped $16 trillion for the first time at the close of business on Friday, now equals approximately $136,260 for every household in the country.
 
Just since President Barack Obama was inaugurated on Jan. 20, 2009, the debt has increased by $45,848 per household—or about 50 percent per household.
 
As of Friday, the debt was 16,015,769,788,215.80. According to the Census Bureau, there were approximately 117,538,000 households in the country in 2010. Thus, the current debt equals about $136,260 per household.
 
When President Obama was inaugurated in 2010, the debt was 10,626,877,048,913.08 and has since increased by 5,388,892,739,302.72. That equals an increase of about $45,848 per household.

Title: Re: Its Official: $16,000,000,000,000 in debt.
Post by: Roger Bacon on September 04, 2012, 02:41:25 PM

 :-X