Friday, December 30, 2016

National debt spiked a shocking total of 68% under the Obamas!.


Here’s  How  Much  National  Debt  Obama  Accumulated  During  His  Presidency


Under President Barack Obama, the national debt spiked a shocking total of 68%.

He added nearly $8 trillion to the national debt, and did not see many results from his executive projects.

Upon close examination, most of the debts are from the clone clown Obama's Air Force One flights and 'vacations', golf games, pedo parties at the whore house in Wash DC, purchases of mansions in Hawaii, California, and Dubai, a new bicycle for bozo, 22 'assistants' for his manwife 'Mikie', beauty parlor visits for Mikie and BO, food for BO, drugs for bozo, for reproduced clones of both bozo and Mikie, and the list goes on..... 

Dec 30 2016
 
Breitbart News reports:
A breakdown of Obama’s budgets for each fiscal year and the amount they added to the debt comes from an analysis produced by thebalance.com :

FY 2016 – $1.423 trillion.

FY 2015 – $327 billion.

FY 2014 – $1.086 trillion.

FY 2013 – $672 billion.

FY 2012 – $1.276 trillion.

FY 2011 – $1.229 trillion.

FY 2010 – $1.652 trillion.

FY 2009 – $253 billion. (Congress passed the Economic Stimulus Act, which spent $253 billion in FY 2009. This rare occurrence should be added to President Obama’s contribution to the debt.)
Some of his failed projects include stimulation of the economy (by way of creating construction jobs, etc), ObamaCare (which is constantly under fire by Middle America due to the outrageous premiums that many cannot afford), and his many efforts in the Middle East to end conflict which ultimately created more of a rift in that part of the world.

In comparison, his predecessor George W. Bush accrued only a little over $5 trillion and that included the financial damages from war.

Obama’s fiscal debt accumulation was more than any other President in recorded history, and he has little to show for it in the legacy he is trying so hard to build in his last month in office.

Breitbart News reports:
Obama, with what will be nearly $8 trillion tacked on to the national debt, has added by far more to the U.S. debt than any president in history.
He even went so far as to insult former President George W. Bush’s spending habits in order to justify his outrageous ones.

Breitbart News reports:
While he was running for president, Obama criticized President Bush’s deficit spending, calling it “irresponsible” and “unpatriotic.” Obama said at a presidential campaign event on July 3, 2008:

The problem is, is that the way Bush has done it over the last eight years is to take out a credit card from the Bank of China in the name of our children, driving up our national debt from $5 trillion for the first 42 presidents — 43 added $4 trillion by his lonesome.
So we now have over $9 trillion of debt that we are going to have to pay back — $30,000 for every man, woman and child. That’s irresponsible. It’s unpatriotic.
In his last few months as President, Obama became increasingly concerned about leaving a legacy.

His legacy now, however, is a ruined America.

Between the immigration control problems and the consequential terrorist threats, to the forcing of millions of Americans to buy health insurance they cannot afford, to the devastated state of the Democratic Party after his “legacy” led to the election of Donald Trump, Obama’s legacy is one that will be rebuilt by a stronger party under President Trump.

http://conservativerevival.com/latest-news/heres-how-much-national-debt-obama-accumulated-during-his-presidency/

 

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