Kowabunga

National Debt Breaks $12 TRILLION Mark

November 18th, 2009 | by Sqotty |

November 16, 2009, is a day to remember. It is the day that the national debt broke the $12 Trillion mark. That’s right, TWELVE TRILLION DOLLAR. This means that the national debt has grown faster and bigger under Obama than under any of his predecessors. How’s that for change?

Since the day Obama took office, the national debt has grown by $1.4 TRILLION. The amount it grew under Bush for the same time frame is $135 BILLION (not trillion). That means the debt has grown 10 times faster under Obama and his Stimulus Plan rammed down the throats of American taxpayers.

Since the Economic Recovery Act of 2009 became effective on Feb. 17th, the debt grew by $1.24 Trillion.

Quite frankly, I think that the people who should be footing the bill are all the people who supported, campaigned, and then voted for Obama. The rest of us didn’t want it, so we shouldn’t be stuck footing the bill.

And let’s face it, if this were happening with a Republican president and a Republican controlled Congress, the Left would be screaming bloody murder (so would I!). Instead, they’ll just continue to blame Bush for all the ills in the world.