America has been brought down into hopeless debt slavery. It’s been revealed that during Obama’s first 4-year term, “the debt of the federal government increased by $5.8 trillion, which exceeds the combined debt accumulated under all presidents from George Washington through Bill Clinton.” To put this into perspective, “the $5,805,754,440,941.62 debt increase under Obama equals about $50,521 per household.”
Update: Democrats can’t handle watching the destruction they’ve wrought on this country: “During a House Financial Services Committee hearing Tuesday on the budget, two Democrats complained after House Financial Services Committee chairman Jeb Hensarling instructed that two monitors in the hearing room display a real-time running national debt clock” and “asked that the debt clock not be on display whenever Democrats spoke.” LOL…
Update #2: As of March 2013, Obama has increased the national debt by more than $6 trillion. There are no signs of stopping!
We can see that Obamacare is a dismal failure. At the same time, Obama has the ‘honor’ of setting a new record– he’s increased the national debt in his first 4-year term more than all 42 U.S. Presidents from George Washington to Bill Clinton combined, and we’re now more than $15 trillion in debt. Can it get any worse?? Yes, it can! “Obamacare will increase the long-term federal deficit by $6.2 trillion, according to a Government Accountability Office (GAO) report released today.”