The debt of the U.S. government has increased $6.666 trillion since President Barack Obama took office on Jan. 20, 2009, according to the latest numbers released by the Treasury Department. When President Obama was first inaugurated on Jan. 20, 2009, the debt of the U.S. government was $10,626,877,048,913.08, according to the Treasury Department’s Bureau of the Public Debt. As of Jan. 31, 2014, the latest day reported, the debt was $17,293,019,654,983.61—an increase of $6,666,142,606,070.53 since Obama’s first inauguration.
The total debt of the United States did not exceed $6.666 trillion until July 2003. In the little more than five years of the Obama presidency, the U.S. has accumulated as much new debt as it did in it’s first 227 years.IF DEBT WAS STIMULATIVE - AS THE KEYNESIANS HAVE LONG ARGUED - THEN DON'T YOU THINK THE ECONOMY WOULD BE GROWING AT LITTLE FASTER RATE BY NOW!?!?!
THE SPENDING BENEFITED CRONIES OF OBAMA AND THE CHICAGO MACHINE MORE THAN ANYONE OR ANYTHING ELSE.
THE DEBT HAS HURT THE REST OF US, NOT HELPED THE REST OF US.