Showing posts with label Deficit. Show all posts
Showing posts with label Deficit. Show all posts

U.S. Debt

We have a spending problem...More than anyone wants to admit.


As the chart shows, America’s debt is currently $15.1 trillion, while the Eurozone (which includes France, Germany, Greece, Italy, Spain, the U.K., and others) has a combined debt of $12.7 trillion. (All dollar amounts are in U.S. dollars, and the data refers to closing 2011 numbers.)
Tim Geithner should be concerned, but he isn't.
I fear for us all, if this doesn't change fast.

Bush vs. Obama

Chart of the day.


Obama promised change. He told the truth this time.

Liar In Chief (still a liar) Lies Again

He said he will cut the deficit in half by the end of his first term...



He lied. Again.

Another Day Another Obama Record

He knows exactly what he is doing...


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.
He throws $billions around like nickels...