During Bush's eight years in office, the national debt rose from $5,727,776,738,304.64 to $10,626,877,048,913.08. This is a difference of 4.899 Trillion Dollars (Rounded to the nearest billion dollars). If you take the total spent and divide it by 8, you get an average of 612.388 Billion dollars per year of Bush's term. Conversely,under Obama the national debt has raised from $10,626,877,048,913.08 to 11,952,611,405,769.02 as of today. This is a difference of 1.326 Trillion dollars (Rounded to the nearest billion dollars) spent in 10 months.
Assuming the debt grows at the same rate, by the end of the year it will be 1.591 Trillion which is 2.6 times bush's average per year.
Data from http://www.treasurydirect.gov/NP/BPDLogin?application=np
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All that to say...Obama is spending money that he doesn't have....a whole lot faster than Bush ever did. AND, Bush was fighting 2 wars the whole time.
People, I certainly appreciate your rights to have and express your opinions. However, if you want to not sound like an uninformed, dogmatic, liberal sheep...please get your facts straight.
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