This speaks for itself:
First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presidents in 53 Terms Combined
January 19, 2013
By Terence P. Jeffrey
(CNSNews.com) - During Barack Obama’s first term as president of the United States, the debt of the federal government increased by $5.8 trillion, which exceeds the combined debt accumulated under all presidents from George Washington through Bill Clinton.
The new federal debt accumulated in Obama's first term equaled approximately $50,521 for each of household in the country.
On Jan. 20, 2009, when Obama was first inaugurated, the total debt of the federal government was $10,626,877,048,913.08, according to the U.S. Treasury. As of the close of business on Jan. 17, the last day reported by the Treasury before Obama’s second inauguration, the total debt of the federal government was $16,432,631,489,854.70.
Thus, from Obama’s first inauguration to his second, the federal government’s debt grew by $5,805,754,440,941.62.
Given that the Census Bureau currently estimates that there are 114,916,000 households in the United States, the $5,805,754,440,941.62 debt increase under Obama equals about $50,521 per household.
When George W. Bush was first inaugurated on Jan. 20, 2001, the total debt of the federal government was $5,727,776,738,304.64. Thus, the total accumulated debt of the federal government was less on the day George W. Bush was inaugurated than the $5,805,754,440,941.62 in additional debt Obama accumulated during his first term.
When Bush left office on Jan. 20, 2009, the total debt of the federal government was $10,626,877,048,913.08. Thus, in George W. Bush’s two terms the total debt of the federal government increased $4,899,100,310,608.44—or by less than the $5,805,754,440,941.62 the debt increased in Obama’s first term alone.
On Oct. 11, 2001, during Bush’ first year in office, the debt rose from $5,805,746,196,414.92 to $5,811,762,115,860.32. Since then it has never dipped below $5,805,754,440,941.62 (the amount the debt increased in Obama’s first term).
Thus, the debt increased more in Obama's first term than it did during the combined 53 terms of the first 42 presidents (George Washington through Bill Clinton).
President Obama is currently demanding that Congress increase the legal limit on the federal debt without making him agree to corresponding cuts in federal spending.
Formerly Mat Bloody Cauthon on Wotmania, blessed be its name
Four more years.....of massive debt for our children - 
- 21/01/2013 06:44:27 PM
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- 21/01/2013 06:44:27 PM
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Ha ha the rich white men lost
- 21/01/2013 09:24:53 PM
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The data is the data. $5.8T of new debt in 4 years and as per Obama's budget.....
- 21/01/2013 09:54:12 PM
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And G.W. Bush's presidency doubled the debt. What is your point?
- 21/01/2013 11:41:13 PM
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Obama has increased debt in 4 years by a greater amount than Bush did in 8 years.....
- 22/01/2013 12:05:32 AM
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Bullshit
- 22/01/2013 03:18:06 AM
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Silly, silly fool. Most of FY09 wasn't passed until Obama was in office - 
- 22/01/2013 04:28:22 AM
375 Views
- 22/01/2013 04:28:22 AM
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Moron why did you think I seperated 08 and 09 spending
- 22/01/2013 08:30:55 PM
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Still can't face the facts, poor guy. Obama in 4 years increased debt more than Bush in 8 years.
- 22/01/2013 11:04:53 PM
225 Views
I can't stand the overuse of thus *NM*
- 22/01/2013 03:26:05 AM
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I don't understand why we waste any money on second inaugurals, regardless of party.
- 22/01/2013 03:26:23 AM
328 Views
still denying reality. and you were doing so well since the holidays.... 
*NM*
- 22/01/2013 09:41:56 PM
105 Views
*NM*
- 22/01/2013 09:41:56 PM
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