Sean Renaud
The West Coast Pop
- Joined
- Feb 5, 2004
- Posts
- 59,711
Debt – The U.S. government’s debt owed to the public has more than doubled. It is now more than $13.6 trillion, an increase of 116 percent since Obama first took office.
And the debt also has grown dramatically even when measured as a percentage of the growing economy, from 52 percent of gross domestic product at the end of fiscal year 2009 to just under 74 percent at the end of fiscal 2015, according to the most recent estimate by the nonpartisan Congressional Budget Office.
That's an oddly specific definition to use.
i didn't say the debt hasn't grown and dramatically. Just two things. First Hillary is unlikely to triple it barring unforseen circumstances. She could sit on Obama's current plan and it wouldn't even double. Anything COULD happen mind you.
The second is it's really funny to place a majority of the blame on Obama. He deserves plenty but rationally his first year (or 9 months or so at any rate) are completely Bush's fault. As was the first year of Bush and every president. They don't set the budget that early. Second while I blame Clinton as do most Bush was still holding the bag when the great recession hit.
Finally if Obama had balls he would have increased the debt more but he's a pussy.
