Sam Fisher
Banned
Who Spent More? Average Bush Vs. Average Obama Spending Per Day Proves Obama Most Reckless And Irresponsible EVER.
From NPR via the Weekly Standard:
In his State of the Union address tonight, President Obama will reportedly issue a call for “responsible” efforts to reduce deficits (while simultaneously calling for new federal spending). In light of the President’s expected rhetorical nod to fiscal responsibility, it’s worth keeping in mind his record on deficits to date. When President Obama took office two years ago, the national debt stood at $10.626 trillion. It now stands at $14.071 trillion — a staggering increase of $3.445 trillion in just 735 days (about $5 billion a day).
To put that into perspective, when President George W. Bush took office, our national debt was $5.768 trillion. By the time Bush left office, it had nearly doubled, to $10.626 trillion. So Bush’s record on deficit spending was not good at all: During his presidency, the national debt rose by an average of $607 billion a year. How does that compare to Obama? During Obama’s presidency to date, the national debt has risen by an average of $1.723 trillion a year — or by a jaw-dropping $1.116 trillion more, per year, than it rose even under Bush.
How much in deficit spending did Bush spend on average per day during his presidency? It’s pretty easy to figure out: $607 billion/365 days = $1.66 billion per day. That’s a lot of spending, Georgie. Shame on you!
But compared to Obama’s $5 BILLION of deficit spending per day? Obama spent well over three times more per day every single day than did Bush.
If you want to argue that Bush looks bad, fine. Bush looks bad. But Obama looks positively vile.
By the way... Clinton's was 4 Billion a day, and Reagan's was 2.5 Billion a day.
http://startthinkingright.wordpress...s-obama-most-reckless-and-irresponsible-ever/
From NPR via the Weekly Standard:
In his State of the Union address tonight, President Obama will reportedly issue a call for “responsible” efforts to reduce deficits (while simultaneously calling for new federal spending). In light of the President’s expected rhetorical nod to fiscal responsibility, it’s worth keeping in mind his record on deficits to date. When President Obama took office two years ago, the national debt stood at $10.626 trillion. It now stands at $14.071 trillion — a staggering increase of $3.445 trillion in just 735 days (about $5 billion a day).
To put that into perspective, when President George W. Bush took office, our national debt was $5.768 trillion. By the time Bush left office, it had nearly doubled, to $10.626 trillion. So Bush’s record on deficit spending was not good at all: During his presidency, the national debt rose by an average of $607 billion a year. How does that compare to Obama? During Obama’s presidency to date, the national debt has risen by an average of $1.723 trillion a year — or by a jaw-dropping $1.116 trillion more, per year, than it rose even under Bush.
How much in deficit spending did Bush spend on average per day during his presidency? It’s pretty easy to figure out: $607 billion/365 days = $1.66 billion per day. That’s a lot of spending, Georgie. Shame on you!
But compared to Obama’s $5 BILLION of deficit spending per day? Obama spent well over three times more per day every single day than did Bush.
If you want to argue that Bush looks bad, fine. Bush looks bad. But Obama looks positively vile.
By the way... Clinton's was 4 Billion a day, and Reagan's was 2.5 Billion a day.
http://startthinkingright.wordpress...s-obama-most-reckless-and-irresponsible-ever/