Daily Archives: October 21, 2010

What Took The U.S. 214 Years To Create Only Took Obama Less Than 2 Years

It’s Official: Obama Has Now Borrowed $3 Trillion.  CNS News.

He must feel so proud of himself.  Why it only took him  less than 2 years, what it took this country 214 years to do!

Obama administration has now borrowed $3 trillion, according to the U.S. Treasury Department.

It took from 1776, when the United States became an independent country, until 1990, the year after the Berlin Wall fell signaling victory in the Cold War, for the federal government to accumulate a total of $3 trillion in debt, according to the Treasury Department. It only took from Jan. 20, 2009, the day President Barack Obama was inaugurated, until Oct. 15, 2010, for the Obama administration to add $3 trillion to the federal debt.

The overall debt of the federal government, according to the Treasury Department, is now $13.666 trillion.

One thing no one will ever be able to call Obama is a sendthrift.  Remember your taxpayer dollars blew out the door under his term.