Tuesday, August 23, 2011

National debt has increased $4 trillion under Obama Preview of Obama's Sept Jobs Plan



50% of the people don’t pay income taxes. And president Obama wants to increase that percentage because those are the types of people that vote Democrat.



CBS News



The latest posting by the Treasury Department shows the national debt has now increased $4 trillion on President Obama's watch.



The debt was $10.626 trillion on the day Mr. Obama took office. The latest calculation from Treasury shows the debt has now hit $14.639 trillion.



It's the most rapid increase in the debt under any U.S. president.

The national debt increased $4.9 trillion during the eight-year presidency of George W. Bush. The debt now is rising at a pace to surpass that amount during Mr. Obama's four-year term.




More here

They should change Obama’s name from Barack Hussein Obama to Barack “Freebee” Obama



WARNING: STRONG LANGUAGE







Memeorandum

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