Tuesday, August 23, 2011
National debt has increased $4 trillion under Obama Preview of Obama's Sept Jobs Plan
50% of the people don’t pay income taxes. And president Obama wants to increase that percentage because those are the types of people that vote Democrat.
CBS News
The latest posting by the Treasury Department shows the national debt has now increased $4 trillion on President Obama's watch.
The debt was $10.626 trillion on the day Mr. Obama took office. The latest calculation from Treasury shows the debt has now hit $14.639 trillion.
It's the most rapid increase in the debt under any U.S. president.
The national debt increased $4.9 trillion during the eight-year presidency of George W. Bush. The debt now is rising at a pace to surpass that amount during Mr. Obama's four-year term.
More here
They should change Obama’s name from Barack Hussein Obama to Barack “Freebee” Obama
WARNING: STRONG LANGUAGE
Memeorandum
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