Why Obama increased the National Debt from 9.8 to 15.6 Trillion $ in 4 years?
S&P is threatening in downgrading the US Financial raking from AA+ to A- this summer if the current policy resists which means investors can no long trust in the economy ! 200 billion Deficit in the last month? WTH is this policy ? Global competitiveness report: USA in 5th Place down from 1st in 2008 ! the REAL Jobless rate: 8.2% official ! BUT 16% actual including those who stopped looking for Jobs which means 23 million citizen.... The debt is 15.6 trillion and estimated to hit 21,6 in 2016 under current rates 47 million food recipients ! and much more !!! :( WHY IS HE DESTROYING AMERICA!
Asked By: Junior Fidel - 4/7/2012
Best Answer - Chosen by Asker
Oh my, how you cons are desperate. You distort facts big time. Your boy GW HID his debt by not reporting his stupid wars in his budget numbers. He's the one who drove a surplus into a massive deficit... More
Answered By: Libraryanna - 4/7/2012
Additional Answers (11)
There cashing out. Stealing as much money as they can.
Answered By: hobo - 4/7/2012
Recessions have consequences my friend, denial is a very poor excuse for avoiding reality
Answered By: Nancy - 4/7/2012
And remember...he said he was going to cut the deficit in half by the end of his first term. EDIT: Just look at all these numbskull liberals defending this guy. What a pathetic bunch.
Answered By: Phil Staples - 4/7/2012
You do now that all the bills from 2 unfunded wars came due right?
Answered By: ingsoc1 - 4/7/2012
Maybe you missed it, but we had a large recession. Debt goes with that. And, of course, we are STILL trying to pay for Bush's 2 unpaid wars and an unpaid for medicare benefit. You think that stuff just goes AWAY when you change president?? If you think that Obama is responsible for the majority of that debt, you're... More
Answered By: scott b - 4/7/2012
Yeah, and who said he did it? He's the president, so everything is automatically blamed on him? Some of the people of America should be ashamed of themselves. We, the people, could do A LOT to make the economy much better, but all we do is sit and complain we have a bad president. Grow up.
Answered By: Jena - 4/7/2012
Because of the 2 wars that Dumbya Bush started + Bush's tax cuts for the rich. So how did Dumbya Bush pay for those 2 wars? He put it on a Chinese credit card. The bill has now become due. And also, Obama had to spend trillions getting us out of the Great Bush Depression.
Answered By: The Blunt Ugly Truth - 4/7/2012
You need some fact checking... More
Answered By: Nomad - 4/7/2012
Barrack Obama signed up for the job. He had the solution to everything in 2008. Where did all of that go? He said he would cut the debt in half by the end of his first term. Take a look. He has increased it more than that and we have had a downgrade already. They must be racists because the $15,500,000,000,000.00... More
Answered By: Ollicopter - 4/7/2012
Why don't you ask you congressman why he is voting for this also. There is plenty of blame to go around on that.
Answered By: Patrick4024 - 4/7/2012
REPUBLICANS ARE AGAINST... More
Answered By: Kevil - 4/7/2012
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