On the day Obama took office, the national debt was:
At the end of Obama's first year in office, the national debt was:
Right now, half-way through the Obama Administration, the national debt is
Now, let's look at the annual deficits:
FY 2008 (Bush's last year in office) the deficit was under $500 billion. In 2009, Obama's first year in office, it was well over $1 trillion. In 2010 it climbed even more. This year, 2011, the deficit will top $1.5 trillion.
Bush was certainly no Godsend when it came to fiscal conservancy, but Obama and his wealth redistribution cronies in the Senate are spending money like drunken sailors in Olongapo after six months at sea. There WERE no trillion dollar deficits until the Democrats won the Senate, House, and White House in 2008.
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