Barrack Obama is right on track to double the National Debt from $10 trillion to $20 trillion by the end of his second term. The National Debt just passed $19 trillion this weekend. If the rate of increase stays the same as the past seven years, the National Debt will actually reach $21.6 trillion.
I first spoke of this in I Like Numbers last year. Liberals were vilifying Ronald Regan for nearly tripling the National Debt, from $0.99 trillion to $2.6 trillion, an increase of $1.6 trillion.
So where is the outrage for Obama’s doubling the National Debt that will result in an increase in excess of $11.0 trillion?
Oh, I see! Regan tripled the National Debt, but Obama only doubled it.
Go to the National Debt clock: National Debt Clock
The National Debt Clock has a lot of interesting numbers beside the National Debt. If you put the cursor over the number, it will tell you where the number came from or how it was derived.
- Official Unemployment: 7,765,022
- Actual Unemployment: 15,627,564
- US Debt per Citizen: $58,895
- US Debt per Taxpayer: $158,902
Here’s an interesting number. With all of the success of ObamaCare, there are still 41,044,739 people without health insurance.
If this is success, what would failure look like?
Can we afford to continue in this direction with ”The Hillary”?
Will Hillary double Obama’s National Debt to $42.0 trillion?