Posted on 02/01/2012 9:54:42 PM PST by Steelers6
WASHINGTON (AP) -- Figures on government spending and debt The government's fiscal year runs Oct. 1 through Sept. 30.
Total public debt subject to limit Jan. 30
15,313,699,000,000
Statutory debt limit
16,394,000,000,000
Total public debt outstanding Jan. 30
15,356,140,000,000
(Excerpt) Read more at finance.yahoo.com ...
Wasn’t it just May of last year when the debt hit the previous limit of a “mere” $14.3 trillion?
$4.4 billion/day
$184 million/hour
$30,000.00/second
WOW .... it is amazing just how much debt Mr. George W. Bush is mounting on this country!!!! ....... We should all be ashamed! Mr. Obama is trying to save us from all of this mounting debt!!! ..... yet, Mr. Bush keeps adding to it! I just don't know how much this country can stand of the Bush policies?!?!?
Mr. Obama is doing his best to protect this country from the assault of the deficit building Republicans!!! .... Gawwwd save us all!
Pray for Mr. Obama to save us from all of this EEEEEEEEVIL!!!!!
That will help for about 6 hours ...
I try to put this out of my mind, and you have to go and drag me back to reality.
Impending doom has a way of sharpening the mind. We must under all circumstances replace the idiot in Chief.
“We must under all circumstances replace the idiot in Chief.”
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True enough.
More significantly, fundamentally and for the long-term we need to decrease the number of American voters who empower thieving collectivists, to steal other men’s gold for their own benefit.
After all, this impossible to fathom debt, must one day be repaid on the backs of honest, working Americans.
There’s a graph floating around on Facebook and the Internets claiming that the debt has grown the most under Republican presidents going by percentage of increase over the previous administration. This percentage statistic is very misleading. As it stands now, the debt has raised as much in THREE years under Obama as it did in EIGHT years under Bush. He’s on pace to double the national debt in SIX years over what he inherited. We can’t afford to keep this idiot in office.
You can keep track here: http://usdebtclock.org/
This is insanity. Obama’s spending is at truly insane levels but he simply is working a system that already is in place. The only president in the modern era (say, since the 60s) who actually held the line on spending was Reagan, and even he wasn’t able to cut it. He simply stopped it from growing. We talk about how unfair it is to blame Bush for Obama’s deficits and that is true. But Bush launched his own “Compassionate Conservative” spending binge right after he was sworn in. Remember that his first couple of programs were entitlement expansions and an education spending binge. We need someone with the ability to dismantle the system.
“We need someone with the ability to dismantle the system.”
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More fundamentally, we need an electorate that will stop voting to steal other people’s money, and elect such people to office.
We are very close to unrecoverable disaster in this country, as the voting population is near 50% parasites.
It’s okay: we’ll just print more money. :)
What do you mean that I have no money?
I still have checks in my checkbook ...
Just round it up to an even jillion.
Given the trends in the debt, economy (lack of production of useful things) and political demographics (nearly all well paid constituents being government-dependent either directly or indirectly), repudiation and currency adjustment in the near future are nearly inevitable.
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