Campbell
Gold Member
- Aug 20, 2015
- 3,866
- 646
Boner? "at this point what difference does it make"?
Debt? now at $18.4T. Please remember TARP ~$784B GWB last yr. (paid back into Obama yrs.)
Yes, a bit murky as fiscal yrs overlap start/stop yrs but.......yr by yr is online.
Roughly: GWB yrs added ~$4-5T (start:~$5T end:~$10T), ~8T Obama yrs (not done yet)
GWB last yrs with 07' DemWit congress (GWB complicint) and housing collapse.
Obama yrs have "record revenue" not enough to balance vs. spending.
FED agencies (CBO) say debt issue is un-sustainable. But the politicians not doing anything about it.
Just curious.....your assertion suggests that Obama's spending has been out of control when just the opposite is true. Over two trillion dollars of his budgets have been spent to pay interest on the Reagan/Bushes debt. You didn't think those foreign banks were loaning us all those trillions interest free did you. As far as the president's spending:
![US-federal-spending-by-President.jpg](https://www.creditwritedowns.com/wp-content/uploads/2012/07/US-federal-spending-by-President.jpg)