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

Yo_Mama

(8,303 posts)

13. Claim is true, unfortunately.

Reply to LaydeeBug (Original post)

Tue Aug 23, 2016, 12:17 PM

Aug 2016

http://treasurydirect.gov/NP/debt/search?startMonth=01&startDay=17&startYear=2009&endMonth=&endDay=&endYear=

Government figures straight from Treasury Direct. Jan 17th, 2009, Federal Debt Held By Public was 6.3 trillion.

Today:
http://treasurydirect.gov/NP/debt/current

It is over 14 trillion currently. More than doubled.

Total Debt Outstanding (includes intragovernmental, i.e. fake trust funds) has almost doubled, and will be about double when Obama's term ends. Look at the beginning and ending figures (far right column) for this sequence from the same government website:
http://treasurydirect.gov/NP/debt/search?startMonth=01&startDay=17&startYear=2009&endMonth=08&endDay=19&endYear=2016

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

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

Latest Discussions»General Discussion»Need some help re. Obama ...»Reply #13