Thursday, August 04, 2011
He Promised Change
President Obama has, in three years, increased the total national debt, built up in all the years this country has existed, by over 45%. That is real change.
Sept 2008: 10.024 Trillion
Today: 14.580 Trillion
Our natinal debt now exceeds our national GDP. In fact, the national debt jumped $238 billion today, when the treasury reversed several crooked accounting entries which made it appear that our national debt was under the debt ceiling, when in fact it had been exceeded some time ago. That is real change.
Is it any wonder the stock market dropped 5% today?