Under Obama: Federal Debt Up $84,266 Per Full-Time Private-Sector Worker

[Dos Equis]

I doubt the president talks about this during his State of the Union Address.

Under Obama: Federal Debt Up $84,266 Per Full-Time Private-Sector Worker
January 5, 2015
By Terence P. Jeffrey

Barack Obama, John Boehner
House Speaker John Boehner gives a thumb's up at President Obama's State of the Union Address. (AP Photo)

(CNSNews.com) - The federal government drove $789,473,350,613.20 deeper into debt in calendar year 2014, an increase that equaled  $6,875 per household, $7,458 per full-time year-round worker, and $8,853 per full-time year-round private-sector worker.

According to the Treasury, the debt started calendar year 2014 at $17,351,970,784,950.10 and ended it at $18,141,444,135,563.30.

When Obama took office on Jan. 20, 2009, the debt was $10,626,877,048,913.08. Since then, it has increased $7,514,567,086,650.22--which is $65,443 per household, $70,985 per full-time worker and $84,266 per full-time private-sector worker.

In 2013, according to the Census Bureau there were 105,862,000 full-time year-round workers in the United States. The $789,473,350,613.20 increase in the federal debt during 2014 worked out to $7,457.57 for each of those full-time year-round workers.

FEDERAL DEBT-CALENDAR 2014
Those 105,862,000 full-time year-round workers included 16,685,000 federal, state and local government workers and 89,177,000 private-sector workers.

The $789,473,350,613.20 in new federal debt in 2014 equaled $8,852.88 for each of the 89,177,000 full-time private-sector workers in the country.

As of December 2013, there were 114,826,000 households in the country, according to the Census Bureau. The $789,473,350,613.20 in new debt equaled $6,875.39 per household.

Ten years ago, at the end of 2004, the federal debt was $7,596,142,802,424.14. Since then, it has grown by $10,545,301,333,139.16—an average pace of $1,054,530,133,313.92 per year.

http://www.cnsnews.com/news/article/terence-p-jeffrey/under-obama-federal-debt-84266-full-time-private-sector-worker

[240 is Back]

He should start the address by thanking Bohnner for the $1.1 trillion christmas present.   

This cut the balls off the new Senate, since they can't hold budget over obama's head.  And it certainly helped contribute to these terrible debt numbers you posted above.

cue the eye rollies.

[Option D]

He should start the address by thanking Bohnner for the $1.1 trillion christmas present.   

This cut the balls off the new Senate, since they can't hold budget over obama's head.  And it certainly helped contribute to these terrible debt numbers you posted above.

cue the eye rollies.

hahahahahahahaha

[Dos Equis]

He should start the address by thanking Bohnner for the $1.1 trillion christmas present.   

This cut the balls off the new Senate, since they can't hold budget over obama's head.  And it certainly helped contribute to these terrible debt numbers you posted above.

cue the eye rollies.

[240 is Back]

I'm very content on giving obama his share of the blame in this matter. 

But it was Boehnner's budget that he was pushing - not his own.   

But you loooooooooooove RINOs. 

[Dos Equis]

I'm very content on giving obama his share of the blame in this matter. 

But it was Boehnner's budget that he was pushing - not his own.   

But you loooooooooooove RINOs. 

[240 is Back]

insult the messenger, not the message

We gotcha

[Dos Equis]

insult the messenger, not the message

We gotcha

[dario73]

He should start the address by thanking Bohnner for the $1.1 trillion christmas present.   

This cut the balls off the new Senate, since they can't hold budget over obama's head.  And it certainly helped contribute to these terrible debt numbers you posted above.

cue the eye rollies.

So you didn't blame the GOP for the last government shutdown?

[dario73]

hahahahahahahaha

Didn't you join the sheeple in blaming and criticizing the GOP for the last government "shutdown"?