US Debt In Public Hands Doubles Under Barack Obama

As noted previously, total US debt is now over $18 trillion. Here is where it gets even more surreal: debt held by the public on January 20, 2009, Obama’s inauguration day, was $6.3 trillion. It is now $12.9 trillion, a 105% increase.

 

And here, for your viewing pleasure, is Senator Barack Obama saying on July 3, 2008, that the $4 trillion in debt added by Bush was “irresponsible and unpatriotic”…

That is all.




via Zero Hedge http://ift.tt/1v7lIOc Tyler Durden

Leave a Reply

Your email address will not be published. Required fields are marked *