Stuborn Jackasses

Yes, Obama and the Democrats are trying to bankrupt this country. Do we need to hit rock bottom in order to save our economy?

-$13,000.000,000,000

CBS

The National Debt topped $13-trillion for the first time in U.S. history - reflecting the surge in government spending that will push the Debt to increasing highs through the rest of the decade.

Posted on the Treasury Department website this afternoon, the National Debt hit $13,050,826,460,886.97 as of June 1st.

Tallied against the nation's Gross Domestic Product, the latest Debt number amounts to nearly 89.4 percent of the total economy.

Wow!!! Was this the HOPE and CHANGE you were expecting? Suckers!

Our federal government has gone from out of control spending to hyper out of control spending.

Obama has broken the record when it comes to deficit spending.

Obama has the record for adding to this country's debt!!!

It's not often that President Obama mentions the debt, but 90 minutes before the latest number was posted, it was part of his speech on the economy delivered at Carnegie Mellon University in Pittsburgh.

He was making the case that the record high federal deficits on his watch were not really his fault.

"We took office amid a crisis, and the effects of the recession put a $3 trillion hole in our budget before I even walked through the door," he explained to his audience.

Without mentioning his predecessor by name, he argued that blame for the expanding Debt reflected the policies of President George W. Bush...

He goes on and on blaming Dubya.

I will spare you more of Obama's finger pointing, go here to see Obama's picture.

No, Obama is NOT a leader. He continues to blame his problems on others. He tries to spend our way out of the Obama Depression. He has damaged our country much more than most people realize.

An ObamaNation of Debt!

CBO Report on Obama's out of control spending.

President Obama's fiscal 2011 budget will generate nearly $10 trillion in cumulative budget deficits over the next 10 years, $1.2 trillion more than the administration projected, and raise the federal debt to 90 percent of the nation's economic output by 2020, the Congressional Budget Office reported Thursday.

In other news, drunken sailors call Obama's democrat spending "unfathomable".

The federal public debt, which was $6.3 trillion ($56,000 per household) when Mr. Obama entered office amid an economic crisis, totals $8.2 trillion ($72,000 per household) today,

Obama and the Democrats have managed to add almost $2 trillion in debt in just ONE year.

At that pace, they will add $8 trillion, for a total debt of $14 trillion by the end of Obama's term.

How's that HOPE and CHANGE working out?

CHANGE

Remember when deficit spending was bad? That has changed over the past year. (Dissent used to be patriotic as well.)

The clock is ticking.

But now the Democrats and leftists are real quiet about out-of-control spending and huge debt.

Meanwhile conservatives are saying we have gone from BAD to MUCH WORSE.

Remember when a $480 billion deficit was crazy? Pfffftttt, that's nuthin compared to the current spending. OUCH!

(Step right up and try to defend the current spending, I dare ya!)