Obama on Pace to Borrow $6.2T in One Term—More Than All Presidents from Washington... - Luxury Coach Lifestyles
RV News RVBusiness 2021 Top 10 RVs of the Year, plus 56 additional debuts and must-see units → ×
Go Back   Luxury Coach Lifestyles > Coach Talk! > Off-Topic Discussions & Humor
Register FAQ Members List Search Today's Posts Mark Forums Read Log in Click Here to Login
Reply
 
Thread Tools Display Modes
 
Old 07-21-2013, 04:22 PM   #1
NewellCrazy
Senior Member
 
NewellCrazy's Avatar
 
Join Date: Sep 2006
Location: Sugarland, TX or Salida,CO
Posts: 1,867
Default Obama on Pace to Borrow $6.2T in One Term—More Than All Presidents from Washington...

More Than All Presidents from Washington Through Clinton Combined
Obama on Pace to Borrow $6.2T in One Term—More Than All Presidents from Washington Through Clinton Combined - See more at: Obama on Pace to Borrow $6.2T in One Term

President Barack Obama has been increasing the national debt during his presidency by an average of $4.24 billion per day ($4,240,506,004.34) putting him on a pace to increase the national debt by $6.2 trillion ($6,195,379,272,340.74) by the end of his term on Jan. 20, 2013, according to the debt figures published by the U.S. Treasury.


That $6.2 trillion is more debt than was accumulated by all U.S. presidents from George Washington through Bill Clinton combined.
In fact, the U.S. national debt did not eclipse the $6.195 trillion level—the amount Obama is on pace to increase it in one term—until August 19, 2002, during President George W. Bush’s second year of office.


President Barack Obama has been increasing the national debt during his presidency by an average of $4.24 billion per day ($4,240,506,004.34) putting him on a pace to increase the national debt by $6.2 trillion ($6,195,379,272,340.74) by the end of his term on Jan. 20, 2013, according to the debt figures published by the U.S. Treasury.
That $6.2 trillion is more debt than was accumulated by all U.S. presidents from George Washington through Bill Clinton combined.

In fact, the U.S. national debt did not eclipse the $6.195 trillion level—the amount Obama is on pace to increase it in one term—until August 19, 2002, during President George W. Bush’s second year of office.

The national debt was $10.6 trillion ($10,626,877,048,913.08) on Jan. 20, 2009, the day Obama was inaugurated. As of the close of business on Jan. 11, 2012, it was $15.2 trillion ($15,236,307,075,631.58.) In Obama’s first 1,087 days in office, the debt increased $4.6 trillion ($4,609,430,026,718.50)—or an increase of $4.24 billion ($4,240,506,004.34) per day.

At that daily rate, the debt would increase a total of $6.2 trillion ($6,195,379,272,340.74) over the entire 1,461 days of Obama’s four year term.
At the close of business Aug. 19, 2002, the total national debt was $6.195 trillion.
__________________
Sean

If Ain't a Newell, It Ain't Wurt Oonin!
NewellCrazy is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Need help with water lines on Unit #146 1987 model Newell Bob & Peggy Standeford Plumbing | Fixtures, Tanks and Water Systems 5 01-31-2014 12:34 AM
Obama on Pace to Borrow $6.2T in One Term—More Than All Presidents from Washington... NewellCrazy Off-Topic Discussions & Humor 0 07-21-2013 04:22 PM
RV Resort Coach Houses Gerry and Ira Wales Big Rig Friendly Parks and Resorts 8 06-17-2013 08:38 PM
brakes encantotom Running Gear, Brakes, Tires, Chassis and Pneumatic Systems 5 06-02-2012 01:31 PM
Newell Spotted Stick Miller Coach Spotter! 2 11-01-2010 02:22 PM

» Featured Campgrounds

Reviews provided by

Powered by vBadvanced CMPS v3.2.3
Disclaimer:

This website is not affiliated with or endorsed by Newell Coach Corporation or any of its affiliates. This is an independent, unofficial site.


All times are GMT. The time now is 06:45 PM.


Powered by vBulletin® Version 3.8.8 Beta 4
Copyright ©2000 - 2021, vBulletin Solutions, Inc.
×