Record-breaker
Republican rate of debt: $45.2 billion per month (fiscal year), $41 billion per month (control of Congress)
Democratic rate of debt: $119.1 billion per month (fiscal year), $104 billion per month (control of Congress)
Showing posts with label US debt. Show all posts
Showing posts with label US debt. Show all posts
Wednesday, March 17, 2010
Tuesday, March 16, 2010
Sunday, February 14, 2010
Obama's Valentines Gift to the Country...
2 TRILLION MORE IN DEBT...
President Obama Signs Law Raising Public Debt Limit from $12.4 Trillion to $14.3 Trillion
President Obama Signs Law Raising Public Debt Limit from $12.4 Trillion to $14.3 Trillion
Labels:
US debt
Friday, December 18, 2009
Obama Gets Tough!
About Global Warming!
A visibly angry Barack Obama threw down the gauntlet at China and other developing nations Friday, declaring that the time has come to "not to talk but to act" on climate change.
Was that before of after he finished begging Hu Jintao to buy more Treasury bonds?
whahahahahahahahha
But Wait! There's More!!
Obama Snubbed by Chinese Premier at Climate Meeting
OY, the Putz BOWED AGAIN!
A visibly angry Barack Obama threw down the gauntlet at China and other developing nations Friday, declaring that the time has come to "not to talk but to act" on climate change.
Was that before of after he finished begging Hu Jintao to buy more Treasury bonds?
whahahahahahahahha
But Wait! There's More!!
Obama Snubbed by Chinese Premier at Climate Meeting
OY, the Putz BOWED AGAIN!
Labels:
china,
climategate,
hillary clinton,
obama,
US debt
Tuesday, December 15, 2009
U.S. public debt has risen from 41 to 53 percent of GDP
Over the past year alone, the public debt of the United States rose sharply from 41 to 53 percent of gross domestic product (GDP). Under reasonable assumptions, the debt is projected to grow steadily, reaching 85 percent of GDP by 2018, 100 percent by 2022, and 200 percent in 2038.However, before the debt reached such high levels, the United States would almost certainly experience a debt-driven crisis — something previously viewed as almost unfathomable in the world’s largest economy.
Labels:
US debt
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