(CNSNews.com) - The Obama administration passed another fiscal milestone this week, according to new data released by the Treasury Department. As of the close of business on Oct. 3, the total national debt was $14,837,099,271,196.71—up about $44.8 billion from Sept. 30.
That means that in the less-than-three-years Obama has been in office, the federal debt has increased by $4.212 trillion--more than the total national debt of about $4.1672 trillion accumulated by all 41 U.S. presidents from George Washington through George H.W. Bush combined.
This $4.212-trillion increase in the national debt means that during Obama’s term the federal government has already borrowed about an additional $35,835 for every American household--or $44,980 for every full-time private-sector worker. (According to the Census Bureau there were about 117,538,000 households in the country in 2010, and, according to the Bureau of Labor Statistics, there were about 93,641,000 full-time private-sector workers.)
When Obama was inaugurated on Jan. 20, 2009, according to the Treasury Department, the total national debt stood at $10,626,877,048,913.08.
At the end of January 1993, the month that President George H. W. Bush left office, the total national debt was $4.1672 trillion, according to the Treasury. Thus, the total national debt accumulated by the first 41 presidents combined was about $44.8 billion less than the approximately $4.212 trillion in new debt added during Obama’s term.
Showing posts with label President Bush. Show all posts
Showing posts with label President Bush. Show all posts
Thursday, October 6, 2011
Tuesday, November 24, 2009
Obama = Biggest Spender in American History?
My question is this: When George W. Bush was spending in an unprecedented fashion, I often heard, "Clinton balanced the budget; what is this guy doing?!" I agreed with them. But, where are those outraged people now? Why is it so horrendous when one guy does it, but then someone from a different party spends us into even more ridiculous debt, it's okay?
from: http://www.foxnews.com/politics/2009/11/24/obama-shatters-spending-record-year-presidents/
President Obama has shattered the budget record for first-year presidents -- spending nearly double what his predecessor did when he came into office and far exceeding the first-year tabs for any other U.S. president in history.
In fiscal 2009 the federal government spent $3.52 trillion -- $2.8 trillion in 2000 dollars, which sets a benchmark for comparison. That fiscal year covered the last three-and-a-half months of George W. Bush's term and the first eight-and-a-half months of Obama's.
That price tag came with a $1.4 trillion deficit, nearly $1 trillion more than last year. The overall budget was about a half-trillion more than Bush's for 2008, his final full fiscal year in office.
from: http://www.foxnews.com/politics/2009/11/24/obama-shatters-spending-record-year-presidents/
President Obama has shattered the budget record for first-year presidents -- spending nearly double what his predecessor did when he came into office and far exceeding the first-year tabs for any other U.S. president in history.
In fiscal 2009 the federal government spent $3.52 trillion -- $2.8 trillion in 2000 dollars, which sets a benchmark for comparison. That fiscal year covered the last three-and-a-half months of George W. Bush's term and the first eight-and-a-half months of Obama's.
That price tag came with a $1.4 trillion deficit, nearly $1 trillion more than last year. The overall budget was about a half-trillion more than Bush's for 2008, his final full fiscal year in office.
Tuesday, July 7, 2009
Israelis find Obama Anti-Israel
from: http://www.jpost.com/servlet/Satellite?cid=1245184872947&pagename=JPost%2FJPArticle%2FPrinter
Only 6 percent of Jewish Israelis consider the views of American President Barack Obama's administration pro-Israel, according to a new Jerusalem Post-sponsored Smith Research poll.
The poll, which has a margin of error of 4.5%, was conducted among a representative sample of 500 Israeli Jewish adults this week, following Prime Minister Binyamin Netanyahu's speech in which he expressed his support for a demilitarized Palestinian state.
Another 50% of those sampled consider the policies of Obama's administration more pro-Palestinian than pro-Israeli, and 36% said the policies were neutral. The remaining 8% did not express an opinion.
The numbers were a stark contrast to the last poll published May 17, on the eve of the meeting between Netanyahu and Obama at the White House. In that poll, 31% labeled the Obama administration pro-Israel, 14% considered it pro-Palestinian and 40% said it was neutral. The other 15% declined to give an opinion.
Israelis' views of Obama's predecessor in the White House, George W. Bush, are nearly the opposite. According to last month's poll, 88% of Israelis considered his administration pro-Israel, 7% said Bush was neutral and just 2% labeled him pro-Palestinian.
Only 6 percent of Jewish Israelis consider the views of American President Barack Obama's administration pro-Israel, according to a new Jerusalem Post-sponsored Smith Research poll.
The poll, which has a margin of error of 4.5%, was conducted among a representative sample of 500 Israeli Jewish adults this week, following Prime Minister Binyamin Netanyahu's speech in which he expressed his support for a demilitarized Palestinian state.
Another 50% of those sampled consider the policies of Obama's administration more pro-Palestinian than pro-Israeli, and 36% said the policies were neutral. The remaining 8% did not express an opinion.
The numbers were a stark contrast to the last poll published May 17, on the eve of the meeting between Netanyahu and Obama at the White House. In that poll, 31% labeled the Obama administration pro-Israel, 14% considered it pro-Palestinian and 40% said it was neutral. The other 15% declined to give an opinion.
Israelis' views of Obama's predecessor in the White House, George W. Bush, are nearly the opposite. According to last month's poll, 88% of Israelis considered his administration pro-Israel, 7% said Bush was neutral and just 2% labeled him pro-Palestinian.
Thursday, April 9, 2009
Do you want to be ruled by a "global regime"?
Neither do I.
From: http://www.wnd.com/index.php?fa=PAGE.view&pageId=94301
On March 6, 1991, President George Herbert Walker Bush, at the conclusion of the Persian Gulf War, uttered some words that shivered down the spines of Americans who appreciated their country as an independent, sovereign experiment in constitutional self-government.
"Now, we can see a new world coming into view – a world in which there is the very real prospect of a New World Order," he said.
He went on to expand on this idea, explaining that he envisioned the United Nations freed "to fulfill the historic vision of its founders."
In 1991, that was scary talk. It sounded like Bush had forgotten what America represented in the world – a nation founded on the principles of independence, the rule of law and accountability to the people, rather than just one of many states responsible to a global community that didn't share its ideals.
Last weekend, speaking in Prague, Barack Obama took the New World Order rhetoric to soaring new heights.
"All nations must come together to build a stronger, global regime," he said.
Any kind of talk like this , whether it is out of a democrat's or a republican's mouth, is so out of bounds that I wish people would push for impeachment. The United States is a sovereign nation that governs itself, and I'm glad it does. Because the rest of the world doesn't have our values. This is a special nation, and I for one, would like it to remain this way. Who does this guy think he is? The madness of this guy has to stop. Pray for Obama's eyes to be opened and get involved in whatever way you can so that your voice can be heard. Otherwise your country is going to disappear very quickly, and it's never coming back.
From: http://www.wnd.com/index.php?fa=PAGE.view&pageId=94301
On March 6, 1991, President George Herbert Walker Bush, at the conclusion of the Persian Gulf War, uttered some words that shivered down the spines of Americans who appreciated their country as an independent, sovereign experiment in constitutional self-government.
"Now, we can see a new world coming into view – a world in which there is the very real prospect of a New World Order," he said.
He went on to expand on this idea, explaining that he envisioned the United Nations freed "to fulfill the historic vision of its founders."
In 1991, that was scary talk. It sounded like Bush had forgotten what America represented in the world – a nation founded on the principles of independence, the rule of law and accountability to the people, rather than just one of many states responsible to a global community that didn't share its ideals.
Last weekend, speaking in Prague, Barack Obama took the New World Order rhetoric to soaring new heights.
"All nations must come together to build a stronger, global regime," he said.
Any kind of talk like this , whether it is out of a democrat's or a republican's mouth, is so out of bounds that I wish people would push for impeachment. The United States is a sovereign nation that governs itself, and I'm glad it does. Because the rest of the world doesn't have our values. This is a special nation, and I for one, would like it to remain this way. Who does this guy think he is? The madness of this guy has to stop. Pray for Obama's eyes to be opened and get involved in whatever way you can so that your voice can be heard. Otherwise your country is going to disappear very quickly, and it's never coming back.
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