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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: SiouxPal who wrote (799543)	8/4/2014 8:01:33 PM
From: FJB	Read Replies (1) \| Respond to of 1583334

U.S. debt balloons to $7 TRILLION more than it was when Obama took office Total federal government debt has increased by 66 per cent since Barack Obama became president Stunning milestone is revealed by Treasury Department website that discloses burgeoning numbers at the end of every business day<span style="font-size:1.3em;"> It took more than 223 years for the US to accumulate its first $7 trillion in debt Obama has repeated the depressing feat in less than 67 months </span> By DAVID MARTOSKO, U.S. POLITICAL EDITOR PUBLISHED: 15:25 EST, 4 August 2014 \| UPDATED: 16:20 EST, 4 August 2014 The United States government's accumulated debts have grown by more than $7 trillion – with a 't' – since Barack Obama became president on January 20, 2009. The sad milestone was revealed on July 31 by the U.S. Department of the Treasury on a 'debt to the penny' website that calculates the debt at the end of every business day. On Obama's first day in office the debt stood at $10.626 trillion. Last Thursday it reached $17.687 trillion. Somber salute to the economy? When Barack Obama came home from Camp David on Sunday, the nation was $7 trillion poorer than it was when he first arrived at the White House on January 20, 2009 Up, up, up: The national debt has grown steadily during the Obama years, jumping by a total of $7 trillion as of July 31 America's first 43 presidents took 223 years to rack up the country's first $7 trillion in red ink. Obama has duplicated that dubious achievement in less than five years and seven months. Read more: dailymail.co.uk