Vote on Debt Limit increase?

[dellinger63]

I just had a chance to look up the national debt in regards to W. Bush and Obama. Interesting.

1/18/01 Bush begins National Debt $5.725 trillion

1/20/09 Bush leaves and Obama begins $10.626 trillion

1/20/10 End of Obama's first year $12.327 trillion

1/20/11 End of Obama's second year $14.056 trillion

Incidently today 4 months later it's $14.345 trillion


So under Bush in 8 years the National Debt rose a total of $4.901 trillion or an average of $0.612 trillion/year

Not so surprisingly considering Obama's giveaway budget (not some fraction of such) he has managed a $1.611 trillion increase in his first year and a $1.729 trillion increase in year two. A 2 year total of $3.34 trillion. Should he manage to continue at the same pace for the next 6 years with no increase, he's on target to smash Bush down with a $13.6 trillion increase to Bush's $4.901 almost three times as much. The theory that a dollar given away comes back at a $1.60 is David Blaine stuff. It's actually a dollar we finance and pay interest on.

Incidently the amount the budget has been raised from year to year is close to a direct correlation to the amount the debt has risen. Whatever bailout and stimulus packages that have been tried have failed miserably by both Bush and Obama.