OBAMA SAYS THE NATIONAL DEBT WILL BE $1.36 Tn THIS YEAR

Obama speaks with forked tongue.

First, the fiscal 2010 deficit is not $1.36 trillion. You must add the “obligation deficit” to the “spending deficit” and when you do that you come up with more than $4.0 trillion dollars. For just one fiscal years deficit.

So how much is a trillion dollars? A lot. Copy and paste this into your browser, and scroll down:

http://www.dailycognition.com/index.php/2009/03/25/what-1-trillion-dollars-looks-like-in-dollar-bills.html

The title is misleading – the graphic shows a trillion dollars in $100 bills. Closely packed and stacked seven feet high, they cover 1.78 football fields. So the Obama Deficit for 2010 would cover more than 7 football fields, seven feet deep.

Obamas total deficit so far? Closely packed and stacked 7 feet high, Obama’s debt would cover 18 football fields, with enough room in one corner for a picnic table.

And your children and mine are expected to pay Obama’s debt.

Oh, It’s not fair to say all the debt is Obama’s? He owns well over half, after just 19 months in office. It’s his.

Stranger

This entry was posted in ECONOMICS. Bookmark the permalink.