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America's National Deficit Increased An Unprecedented 35% Under President Obama

July 1. 2011

Barack Obama is spending like one of the Real Housewives

When U.S. President, Barack Obama, assumed office two and a half years ago, the national deficit stood at 10 trillion dollars. In the short time he has been in office, the deficit has skyrocketed 35% to 14 and a 1/2 trillion dollars, due to unprecedented spending, unsustainable under any system of government in the world, as there is not enough coming in to support such expenditures. What's just as perplexing is President Obama announcing he desires to do another stimulus package, believing it will boost the economy, but it will add billions more to the already batter national deficit. 


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