Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

LaydeeBug

(10,291 posts) Tue Aug 23, 2016, 07:53 AM Aug 2016

Need some help re. Obama and the debt clock... [View all]

I am torn between having to clean in back of the shed or ripping this guy's throat out...Here:

Obama has doubled our debt in 8 years. How does that make us financially stronger
http://www.usdebtclock.org/current-rates.html.

Debt in 2008 when Obama took office was at $10 trillion now at $21 trillion That's financial ruin

http://www.usdebtclock.org/2008.html

13 replies

= new reply since forum marked as read

Highlight:

Need some help re. Obama and the debt clock... [View all] LaydeeBug Aug 2016 OP

First.... Honest.Dem Aug 2016 #1

First off, you are looking at the 2020 projection as if it were today Thor_MN Aug 2016 #2

In addition to this post by Thor, Mc Mike Aug 2016 #9

thank you for this. LaydeeBug Aug 2016 #11

Watch those numbers, fiscal year. Mc Mike Aug 2016 #12

I'm not sure how much help you will get on that one. CentralMass Aug 2016 #3

We live in a debt based economy... N_E_1 for Tennis Aug 2016 #4

I am starting to wonder why I bother. The response: LaydeeBug Aug 2016 #5

Uh... no moose65 Aug 2016 #7

The answer to your question is in Thor's post 2, and my post 9 response. Mc Mike Aug 2016 #10

a better metric to show would be the current annual deficit versus GDP lakeguy Aug 2016 #6

Another metric would be revenue and spending vs GDP CentralMass Aug 2016 #8

Claim is true, unfortunately. Yo_Mama Aug 2016 #13