Wednesday, February 13, 2013

Who Created More Debt: Obama or Bush?

Maher: Rubio's a 'Shameless Liar' for Saying Obama Created More Debt Than Bush | NewsBusters:

Excerpt:

"With this in mind, let's go to TreasuryDirect.gov and find "the facts."

On January 19, 2001, the day before George W. Bush was sworn in, the total federal debt to the penny was $5,727,776,738,304.64.

On January 20, 2009, the day Bush left office and Barack Obama was sworn in, the debt to the penny was $10,626,877,048,913.08.

As such, under Bush, the debt rose by $4.899 trillion.

As of February 11, the debt stands at $16,489,930,650,594.15.

As such, under Obama, the debt has risen $5.863 trillion.

Those are "the facts" directly from the Treasury's website."

Recommended reading (my post):

If Your Outgo Exceeds Your Income Your Upkeep Will Be Your Downfall

Recommended Video (but only for Bill Maher):

New Math

Recommended video (for the rest of us!):

Two Trillion Tons






How I Found Christ?

 How I Found Christ? by Charles Spurgeon (1834-1892)