Obama on Pace to Borrow $6.2T in One Term

CNSnews ^ | January 13, 2012 | Terence P. Jeffrey

[opentalk]

President Barack Obama has been increasing the national debt during his presidency by an average of $4.24 billion per day ($4,240,506,004.34) putting him on a pace to increase the national debt by $6.2 trillion ($6,195,379,272,340.74) by the end of his term on Jan. 20, 2013, according to the debt figures published by the U.S. Treasury.

That $6.2 trillion is more debt than was accumulated by all U.S. presidents from George Washington through Bill Clinton combined.

In fact, the U.S. national debt did not eclipse the $6.195 trillion level—the amount Obama is on pace to increase it in one term—until August 19, 2002, during President George W. Bush’s second year of office.

[AnTiw1]

Town Hall Meeting, 2008.

ELDERLY WOMAN: Now, this Obama, I think he's a terrorist.

MCCAIN: No, dear, he isn't a terrorist.

[ballplayer]

Remeber George W Bush Drove us into a Ditch

[Nowhere Man]

Agreed.