what will the national debt be in after Obama's 2nd term???

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When you take into consideration that an estimated 50.1 million people are on welfare, 14.837 million unemployed, 8.82 million are collecting Social Security disability benefits, between 12 and 20 million are illegal immigrants and last but not least 47% of the population pays no Federal income tax you can understand how that number got so high.

What a “great society” we have here in the good ole USA.

Welcome back Dave.
 

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Is it his fault? What was it when he took office?

And lets remember, when he took office the world economy was already in the shitter.
 

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damn, my calculator doesn't have enough digits
 

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Conservatives, Patriots & Huskies return to glory
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Yes the enormity is his fault...

10 trillion in 08


adding 6 in 4 years is sad..,
adding the trillion in stimulus created nada real jobs...
 
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The Outstanding Public Debt as of 28 Dec 2012 at 01:27:00 PM GMT is:

debtiv.gif


<tbody>
</tbody>
The estimated population of the United States is 314,133,661
so each citizen's share of this debt is $52,029.28.

I hope you don't seriously think it works that way?
 

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The Outstanding Public Debt as of 28 Dec 2012 at 01:27:00 PM GMT is:

debtiv.gif

<tbody>
</tbody>
The estimated population of the United States is 314,133,661
so each citizen's share of this debt is $52,029.28.

Ben The Printer owns roughly $2t worth of IOU from Tim the Turbo Tax, he will print about $540 billions to fund uncle Sam spending in 2013.

If you subtract what the Fed owns and intragovernmental debts (accounting fraud) off that figure, the debts held by the public is approx $12t.

There are a lot of more room to PRINT. :grandmais
 

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Ben The Printer owns roughly $2t worth of IOU from Tim the Turbo Tax, he will print about $540 billions to fund uncle Sam spending in 2013.

If you subtract what the Fed owns and intragovernmental debts (accounting fraud) off that figure, the debts held by the public is approx $12t.

There are a lot of more room to PRINT. :grandmais

he should be given the nobel.....
 

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whats more pathetic about the national debt is the dumbasses in this thread that pretend like they care about the national debt.
 

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"what will the national debt be in after Obama's 2nd term???"

The least of our worries...........
 

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The stopped clock



As WND reported, when Federal Reserve Chairman Ben Bernanke testified before the House Financial Services Committee, Bachmann asked how there could be no increase reported in the total debt when the government was racking up about $4 billion a day in new debt.


When he could not provide an answer and referred her to the Treasury Department, Bachmann wondered if there was a political motive.


“I asked whether the Treasury Department was cooking the federal government’s books as it was reported that the Feds debt balance sheet remained at $16,699,396,000,000 for 56 days straight, presumably so the Treasury Department wouldn’t officially register that once again the Congress had exceeded its legal borrowing limits.”


For it to conveniently stay there for 56 straight days, Bachmann implied, strained credulity.


The lawmaker noted during the hearing the U.S. government added more than $400 million in debt during Bernanke’s appearance alone.
“Knowing that, how could he explain the Treasury balance sheet officially stood still for 56 days? Apparently, ignorance is bliss, for bureaucrats,” she concluded.




Read more at http://mobile.wnd.com/2013/09/unhea...-7-trillion-for-109-days/#PBI4VQgWqhp20wyQ.99
 

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