Obama has Added $3 in Debt For Every $1 In The Economy....
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]
$13,923T [Q1 2009]
$15,606T [Q2 2012] --> $1.68 trillion increase in GDP [source: BEA]
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