Flashback:
See also:
– Debt Up $6.666 Trillion Under Obama (CNS News, Feb 4, 2014):
The debt of the U.S. government has increased $6.666 trillion since President Barack Obama took office on Jan. 20, 2009, according to the latest numbers released by the Treasury Department.
When President Obama was first inaugurated on Jan. 20, 2009, the debt of the U.S. government was $10,626,877,048,913.08, according to the Treasury Department’s Bureau of the Public Debt. As of Jan. 31, 2014, the latest day reported, the debt was $17,293,019,654,983.61—an increase of $6,666,142,606,070.53 since Obama’s first inauguration.
The total debt of the United States did not exceed $6.666 trillion until July 2003. In the little more than five years of the Obama presidency, the U.S. has accumulated as much new debt as it did in it’s first 227 years.
The real elephant in the room is down the page of the US debt clock under “currency and credit derivatives”……over $725 TRILLION………that is the real problem.
The entire world economy (using their inflated numbers) averages $50-65 trillion per year.
This ought to show anyone who can count….. the danger the US and entire world economy is facing is beyond repair.