The Obama Price Tag

Tomorrow is election day.  Are you ready?  Are you still undecided?  Well perhaps this may just put some things into perspective for you.

As of November 1, 2012  the total national debt was $16,221,685,381,838.28 (careful now there is a decimal point in there).

On January 20, 2009, when Obama was inaugurated the national debt was $10,626,877,048,913.08.
Obama has added $5,594,808,332,925.20 in less than four years.

Now, I do recall that President Obama said that President Bush’s deficit spending was unpatriotic.  But, I wonder, what adjective President Obama would use to describe his deficit spending.

The 2010 Census said there were 74,181,467 people in the United States under the age of 18.

So if we were to put the entire debt onto the shoulders of all Americans under the age of 18 the amount that they would owe would go like this:

$16,221,685,381,838.28 equals about $218,676 per person under 18, and just the new debt that Obama added would equal about $75,421 per person under 18.

For that amount of money, an 18 year old could afford college and a car, or even a home.

And, should President Obama be re-elected, that number will rise.  There are not enough “millionaires and billionaires” making more than $200,000 per year to off-set the debt even if you confiscated all their income.

So, what do you want for your children?


5 replies
  1. Shared Sacrifice
    Shared Sacrifice says:

    Sounds like “Weimar Inflation” awaits our children. ?I can’t believe it’s almost $5 for a loaf of bread and folks are waiting in line to re-elect this clown who was going to cut national debt in half … ?Save your dollars- you’ll be burning them to stay warm someday!

  2. stinkfoot
    stinkfoot says:

    He promised to cut the deficit in half but straight away worked to increase the size of the bureaucracy once ordained as General Secretary which demonstrates to my satisfaction that he had ZERO intention of addressing the issue.

  3. JBS
    JBS says:

    We have had enough of the worst president ever!?
    I hope this nation has enough collective sense to vote this travesty out of office.
    This includes the $90,000,000,000 he blew on “green energy.” Really, just money he gave to his cronies.

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