Sunday, 29 September 2013

DO NOT BE MISLED ON THE U.S. DEBT - KNOW THE FACTS!

After a spirited debate with an ardent liberal, what I found rather amusing and later infuriating is how misinformed they were about the the issue of the U.S. debt.

What Liberals will lead you to believe (maybe just the one who I debated) is that George W.Bush is the sole reason for the trillions of debt that America find themselves in. 

However.....Obama has raised the deficit at a higher rate than Bush!
 
To be precise, during the eight-year presidency of George W. Bush, the debt soared by $4.9 trillion. Obama can take credit for over $6 trillion! The debt Bush inherited from Bill Clinton was $5.7 trillion!

The Bureau of Public Debt at the Treasury Department posted its daily debt report showing the total public debt of the U.S. government is now $16,746,883,563,368  $16.746 trillion. 

Facts are stubborn things!

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