Throwing Worse Money After Bad

Sep 17, 2012 1:46 PM
Advertisement
Throwing Worse Money After Bad

Chilling:

Since Obama has taken office ….
[through Q2 2012 for comparative purposes]

–> For every $1 added to the economy, we’ve added more than $3 in debt

–> added $5.23 trillion in debt vs. $1.68 trillion to the economy
–> 50% increase in debt vs. 12% increase in economic output

Total Public Debt:

$10,626T [Jan 20, 2009]
$15,856T [Jun 30, 2012]

–> $5.23 trillion increase in debt

[source: Treasury Dept]

Advertisement

This policy is brought to you by the same folks who like to talk about “sustainability.”

They’re liars.

Comments

VIP

Join the Conversation

VIP members get the ability to comment on articles.

Recommended

Trending on PJ Media Videos