Obama Has Just Taken God Damn America To $16 Trillion In Debt (Mind You, Our Actual Debt Is $222 Trillion And SKYROCKETING)

Barack Obama fortuitously provides my setup for me as I point the angry finger of blame he once pointed right back in his fool face:

“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 that 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.” — Barack Obama, 3 July 2008

Obama gives us the relevant numbers himself: Bush gave us $4 trillion in debt over eight years and that was so irresponsible and such a failure in leadership that it’s “unpatriotic.”  Those are Obama’s own words that he was elected under.  And Obama started out with a national debt of $10 trillion and promised the American people he would cut the deficit in half during his first term.

That deficit that Obama promised to cut in half was $455 billion.  That is a fact as can be seen below.  Not only did Obama NOT keep his self-righteous, lying, hypocrite promise to cut the deficit in half in his first term, he has more than doubled that deficit each year of his presidency and one year MORE THAN TRIPLED it.  And not only has Obama given us trillion-PLUS dollar deficits every single year of his presidency, but in fact he has created the disastrous future of trillion dollar deficits as far as the eye can see until America collapses.

Obama demonized Bush for a debt that was so enormous that it would cost every man, woman and child in America $30,000 to pay.  And what did he do?  He gave us a debt that will now cost every man, woman and child in America more than $50,000 to pay!

It’s not just that Obama is a liar; he is a truly demonic liar. And Obama has been “governing” or “leading” by counting on his ability to lie faster than the other side can correct his lies.

Here are the official budget deficit numbers:

  • 2011 – $1.5 trillion budget deficit (projected)
  • 2010 – $1.3 trillion budget deficit
  • 2009 – $1.4 trillion budget
  • 2008 – $455 billion budget deficit
  • 2007 – $162 billion budget deficit
  • 2006 – $248.2 billion budget deficit
  • 2005 – $319 billion budget deficit
  • 2004 – $412.7 billion budget deficit
  • 2003 – $377.6 billion budget deficit
  • 2002 – $157.8 billion budget deficit
  • 2001 – $128.2 billion budget surplus

It has become very difficult to estimate Obama’s and the Democrat Party’s deficits.  Because they have wickedly refused to even BOTHER to pass a budget as required by law for 1,224 days.  Republicans in the House have done their job every year they have governed, both during the time that they controlled both branches of the Congress in 2006 (when the final Republican congressional budget under Bush was just $162 billion) and since they retook the House in 2010.  But Democrats who control the Senate have refused to do their duty and pass ANY budget at ALL.

It’s official: We are now $16 trillion in debt
posted at 6:58 pm on September 4, 2012 by Erika Johnsen

That. Just. Happened. There’s been a bit of waffling on when exactly it occurred between last Friday and Tuesday, but regardless, that ship has sailed.

Total U.S. government debt eclipsed $16 trillion for the first time Friday, new government data show, as total federal borrowing continues marching toward the $16.394 trillion borrowing limit.

The Treasury Department said total government debt hit $16,015,769,788,215.80 on Friday, up $25 billion from the day before. The amount of federal debt subject to the borrowing limit is actually slightly less, as it doesn’t include several types of borrowing, and it stood at $15.977 trillion on Friday.

Ah yes, remember when Obama promised he’s cut the deficit in half by the end of his first term in office? Heh, that ol’ chestnut. In actuality, President Obama has added over $5.4 trillion to the debt during less than four years in office, more than any other president and approximately a trillion more than President Bush during his full two terms in office. So, there’s that.

Parting thought: How much is a trillion?

If Obama is a one-term president, which he himself by his own rhetoric said he ought to be, he will have added more than $6 trillion to the debt in his four years by the time he leaves office.  The same man who viciously demonized his predecessor for adding less than $5 trillion over EIGHT years.  The national debt is over $16 trillion now, and it’s going to keep piling on and piling on until January 2013.  With at least $500 billion in interest to pay on top of that.

But don’t forget the REAL debt is actually $222 trillion:

The U.S. fiscal gap, calculated (by us) using theCongressional Budget Office’s realistic long-term budget forecast — the Alternative Fiscal Scenario — is now $222 trillion. Last year, it was $211 trillion. The $11 trillion difference — this year’s true federal deficit — is 10 times larger than the official deficit and roughly as large as the entire stock of official debt in public hands.

Now, the fact of the matter is that 99.9 percent of that supermassive debt have been loaded on the back of America’s children – because Democrats love “free stuff” that SOMEBODY ELSE gets forced to pay for – was created by Democrat entitlement programs that should have never been passed in the first place.  Both Social Security and Medicare would have been FAR more stable and pay out FAR better benefits if they had been privatized from the very start as Republicans wanted.  But Democrats imposed their socialism by force and it is only a matter of time before their government fascist takeover implodes America.  Unless YOU’VE got $222 trillion in your pocket.

Democrats have murdered America.

What they’ve done to the country they’ve done to the liberal states and the liberal cities.   Go to Illinois, the king of the deadbeat states. You watch a 60 Minute Story and you will be PISSED at what slimebag Democrat cockroaches have done. Go to California, where Democrats have created a $500 BILLION unfunded pension black hole of doom. Look at America under Obama and take note that America just passed the $16 trillion mark that was $10 trillion when Bush left office. Barack Obama DEMONIZED George Bush for increasing the debt by $4 trillion over eight years - look what that Marxist weasel has done in HALF the time by piling on $6 trillion in debt in only FOUR years!!!

This election isn’t a “do-over.”  The odds are that Obama has already fatally wounded America with his insane spending and his bizarre “logic” and his constant fracturing of America on the basis of race and gender and income.  But if you vote for Obama now, you are literally voting for the suicide of America.

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2 Responses to “Obama Has Just Taken God Damn America To $16 Trillion In Debt (Mind You, Our Actual Debt Is $222 Trillion And SKYROCKETING)”

  1. FMC Says:

    I just came across this article written by Rex NUTting at MarketWatch titled “Obama spending binge never happened
    Commentary: Government outlays rising at slowest pace since 1950s.”

    http://www.marketwatch.com/story/obama-spending-binge-never-happened-2012-05-22?link=MW_popular

    I haven’t had a chance to pick apart the article. Even if the article is true, what difference would it make when it is a fact that Obama is projected to have increased the national debt by more than 6 trillion in his first term, and he is almost there now.

    Anyway, I thought you would find it interesting.

  2. Michael Eden Says:

    FMC,

    I won’t bother to read it, but I know exactly what the idiot’s presuppositions are.

    What he’s going to do first of all is assert that all the 2009 Obama spending was actually Bush’s fault. I get this crap all the time and here’s how I responded to the last version:

    It is your assertion that it was President Damn Bush who passed the $862 billion stimulus on February 17, 2009 is it?

    It is your assertion that it was President Damn Bush who did that $79 billion bailout for Government Motors and their union Democrats in 2009?

    It is your assertion that it was President Damn Bush who signed that $410 billion Omnibus bill in March of 2009?

    It is your assertion that it was President Damn Bush who left $350 billion in TARP money to President Damn Bush who spent it in early 2009???

    It is your assertion that it was President Damn Bush who rammed that damned $2.6 trillion ObamaCare - Ooh, I’m sorry, GorgieCare bill – down our collectivist throats?

    It’s really amazing to me what a lousy bunch of Marxists you liars truly ARE. Obama passes all these things, takes credit for them, but when it’s time to be financially responsible for his own damn bills it’s more “Bush did it! Put all the garbage I did and took credit for on Bush’s bill!!!”

    George Bush actually HAD a budget for FY-2009. It was of course decried by you cockroach Democrats for its CUTS. It had a deficit of $400 billion, you lying weasel. And It didn’t have any of the above crap that you seem to think Bush was responsible for.</blockquote?

    The second assumption is that since every liberal knows that Bush was responsible for the recession, they therefore "give" Bush pretty much all of the hits related to the recession. So Obama is only responsible for the good things and Bush is responsible for all the bad things. They create a "baseline" which assumes, for example, that the Iraq War would have gone on forever if Obama hadn't ended it (just ignore that Bush won the damn war and was the president who actually negotiated the withdrawal of US forces), so Obama therefore "saved" the more-than-$700 billion that would have gone to fight the war that Obama got us out of even though it was BUSH who won and got us out of that war. Crap like that.

    And then they shoot a number out of their butts and lo and behold, Obama hardly spent anything and Bush spent everything.

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