Hope And Change : Obama Increased Your Family’s Debt By $45,000

since President Barack Obama was inaugurated on Jan. 20, 2009, the debt has increased by $45,848 per household—or about 50 percent

U.S. Debt Up 50% Under Obama | cnsnews.com

This is of course before interest is accumulated. Make it a few hundred thousand after interest. If you lined up 16 trillion dollar bills, they would go to the sun and back – eight times.

About stevengoddard

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16 Responses to Hope And Change : Obama Increased Your Family’s Debt By $45,000

  1. gator69 says:

    “If you lined up 16 trillion dollar bills, they would go to the sun and back – eight times.”

    Or at least once to Solyndra…

  2. scarface says:

    I wonder if he can top that in 4 more years. Fast forward! Check AT for speeches comparison. If that’s a leading indicator, it will be no problem. Same story, same results…

  3. leftinbrooklyn says:

    But wait, the rich have got this covered, right? We’ve got them fooled that they’ll be worse than the devil’s spawn if they don’t, right? The Dem’s got ’em convinced that they’re evil, right? Or did those nasty Repubs with their reality-obsession let the cat out of the bag…

  4. Andy DC says:

    If Ryan/Romney put the brakes on this runaway train, it would likely trigger a Depression. So guess what, if they win they won’t put the brakes on very hard, maybe trim a little around the edges, but that is it. Once they are in, all the pie in the sky about balanced budgets will be quickly forgotten.

  5. leftinbrooklyn says:

    Depression = balanced budget, I’m all in. Think we”ll get out of this madness without a scar or two? We’ll comeback from a depression, we won’t survive trying to sustain the status quo.
    There’s no way this lesson will not be painful. Better to at least learn it on our own terms as much as possible.

    • gator69 says:

      I started making preparations for a possible depression over 3 years ago. I am virtually debt free and have acreage on which I can grow crops and raise the normal barnyard varieties. My home is super efficient, and built to need little maintenance.

      If it will right our ship and IF we learn our lesson, bring it. But sadly, the progressives will likely rewrite history once again, and doom our grandchildren.

      • leftinbrooklyn says:

        Good for you, gator… yep, my debt is lower than ever, my savings higher than ever, & I pulled it off living in a very expensive city. Imagine if those in charge thought that way…

        btw– is ‘gator’ a FLA reference?

      • gator69 says:

        Its an homage to my father, who was a seventh generation Floridian. Personally, I prefer the mountains, and only go there to visit family.

        I actually mistyped above. I started my preparations during Bush’s second term. My how time flies when you are fighting socialism, and stupidity…

      • leftinbrooklyn says:

        Ahhh….I’d say he taught you well…

        Tampa Bay area born & raised….living among the northeast liberals for some 15+ years now, though. First Boston, now NYC….man, they thinks funny…

      • gator69 says:

        It’s the accent, it rots the brain… 😉

      • leftinbrooklyn says:

        heheh…

      • squid2112 says:

        I started the same, but perhaps not quickly enough. Got out of debt, recently bought a house with a little acreage, all settled, and then WHAM! .. lost job, mother in-law living with us (no job), sister in-law living with us (no job), hit with kids college tuition … funny how that train can sneak up on you all of a sudden.

    • rocknblues81 says:

      According to Paul we will never get rid of this debt.

  6. Steve says:

    Had to laugh this morning. I heard on our Aussie radio news Obama saying to the effect “If you don’t believe me, listen to my wife! (I have to).

  7. gofer says:

    (To grasp the concept of a trillion dollars, imagine a stack of $100 bills 678 miles high, or a briefcase full of Franklins that weighs 22 million pounds.

    Now multiply either of those images by 16.)

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