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Title: Federal Debt Up $7 Trillion Under Obama Post by: Chef Ramsay on August 04, 2014, 10:25:22 PM Quote (CNSNews.com) - The total federal debt of the U.S. government has now increased more than $7 trillion during the slightly more than five and a half years Barack Obama has been president. That is more than the debt increased under all U.S. presidents from George Washington through Bill Clinton combined, and it is more debt than was accumulated in the first 227 years of this nation's existence--from 1776 through 2003. The total federal debt first passed the $7-trillion mark on Jan. 15, 2004, after President George W. Bush had been in office almost three years. http://i62.tinypic.com/zwxnpe.jpg More #s...http://www.cnsnews.com/news/article/terence-p-jeffrey/706025967449751-federal-debt-7t-under-obama (http://www.cnsnews.com/news/article/terence-p-jeffrey/706025967449751-federal-debt-7t-under-obama) Title: Re: Federal Debt Up $7 Trillion Under Obama Post by: Spendulus on August 05, 2014, 03:39:21 AM Quote (CNSNews.com) - The total federal debt of the U.S. government has now increased more than $7 trillion during the slightly more than five and a half years Barack Obama has been president..... You had me worried for a second. I thought you talking bitcoins, then I saw the $....Title: Re: Federal Debt Up $7 Trillion Under Obama Post by: Bitsaurus on August 05, 2014, 05:06:41 AM We have to spend it to know how much we spent. Title: Re: Federal Debt Up $7 Trillion Under Obama Post by: EternalWingsofGod on August 05, 2014, 05:12:48 AM That's a fairly large number 7/17 = A 41% Increase wonder if it can get to 50%
I'm looking at the US debt clock to base that off of. http://www.usdebtclock.org/ I don't get the Argentina rating though is that post or pre default http://www.usdebtclock.org/world-debt-clock.html Title: Re: Federal Debt Up $7 Trillion Under Obama Post by: bryant.coleman on August 05, 2014, 05:41:57 AM Good news. If the federal debt snowball like this, then the (real) value of the USD will decline, thereby boosting the purchasing power of Bitcoin. I am not complaining. Go on Obama!
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