Obama Added More to National Debt in First 19 Months Than All Presidents from Washington Through Reagan Combined, Says Gov’t Data
Wednesday, September 08, 2010
By Terence P. Jeffrey, Editor-in-Chief
(CNSNews.com) – In the first 19 months of the Obama administration, the federal debt held by the public increased by $2.5260 trillion, which is more than the cumulative total of the national debt held by the public that was amassed by all U.S. presidents from George Washington through Ronald Reagan.
I suspect this says it all.
It certainly does for me.
For those who voted for this simpleton — to include my nephew and two nieces (if you actually took the time to vote) — because you are young and easily swayed by emotions — may you actually reap what you have sown. And thusly it shall be.
To my nephew and two nieces: you have NO idea what you have installed and the kind of debt to which you have committed yourselves. Further, you possess the incorrect melanin to become favored in your future. You will be perceived to be the favored and coddled minority.
Because you were.
Your futures are in, at best, disrepair. At worst, they are shattered. Your lives will be broken once your parents’ cash is spent. And it is oh-so-limited in being shared between three. Your parents’ estate will be taxed, minimum, at 55% + beginning in 2011. Too bad your parents didn’t pass away in 2010.
You voted for your future to be decimated. Here come the 2011 tax increases. To start.
Good luck with that Hope and Change.
BZ
Because, as opposed to so many others, I put UP with the MASSIVE amounts of BULLSHIT for four decades.
Anyone ELSE put up with their jobs for FORTY years here?
Weigh in now, please.
BZ
Combined active duty and as a contractor, yep, 40 this year… sigh…
I too have nieces and nephews who voted for the Dirtbag-N-Chief… This is precisely why I’m a member of the Cape Coral 9/12 Project (an affiliate of the national 9/12 Project) and we spend an enormous amount of time and energy trying to counteract the stupidity of the youth that helped get him in office… Some are starting to have accute buyers remorse, but it’s going to take a concerted effort to remove everyone’s head from their collective asses… One of our pet sayings is “If not you, who? If not now, when?”
It really kills me that my two little boys are already in debt. I have a clear conscious about not voting for the inept moron in office, but that did not stop the majority of blind, stupid people that did.
They fell for his b.s. and some of them are still in awe and continue to follow him blindly.
Your work environment sounds like man, except add belittling to the list.
I hope I will not be at this job for forty years, I would go insane.
God bless you for sticking it out. Your family, I am sure, appreciates it.
Retirement?
Ha.
I was smug.
I had it all planned…
I’d be able to retire in 2008; my combined income- considering my military pension, IRA’s, Social Security, and eventually, 401k’s would more than equal my present salary.
But looking into the crystal ball I see that gasoline will be as valuable as gold, and purchasing a loaf of bread will require a closet-full of money.
Who can retire looking at that kind of future?
And you know what makes me most angry?
MY FRIENDS and RELATIVES instilled the values in these kids that voted for this charlatan.
We have no one to blame but ourselves for this mess.
And this is debt that many — I should say the extreme bulk — of the voting young saddled themSELVES with. Rather willingly.
How amazingly sad; and how incredibly IMPORTANT is the vote in NOVEMBER.
BZ
31 years, went on full disability in 2002, this week in 2002…
Happy anniversary to me…
BZ –
As you know, I work at a university, surrounded by bright young minds full of mush…
They don’t get it. They flat-out don’t get what they’ve done, what it will mean, or how they will suffer.
I’m 51. I tell them that my road is getting pretty short and they’re the ones that will have to deal with the fallout.
They don’t understand how inflation will kill their paychecks. They don’t understand things are going to get worse.
One thing, however, they see their friends, the ones who graduated last year struggling not only to find a job in their field but a job of any kind and they begin to see.
Question I have to ask now – is it too late?
cjh
Oh, and btw, not 40 years at one job or place but I’ve been working steadily since I was 14, which gets me close to 40 years total.
cjh
TF: and I hope you’re doing well in terms of health, as well. . .
cj: NO, I say, I do NOT believe it’s too late. We CAN turn things around in terms of who holds weight in the House and Senate. It will make the life of the current renter of the White House a little more “challenging,” shall we say.
My REAL concern: do the Republicans have the COURAGE and the BALLS to DE-FUND ObakaKare and STOP the spending?? Or is EVERYONE in the Beltway on the take??
BZ
Disabled in 2005, not that SSA recognizes it… apparently you can have constant fatigue, have your body collapse out from under you, and barely have the energy to walk a block and STILL get some sort of a job. Luckily I never expected a dime from them… and I have worked very hard to get better to the point where I am actually allowed to drive, again.
I still parcel out my conscious hours like a miser: for an hour or two of bodily strength and awareness I do as much as my condition allows.
Now if only a range was open at 7am…
Debt free: mortgage paid off, no loans, no rolling amount on credit cards, no obligations. That is ‘dry land’. Along with a year or more of food stockpiled, and another can of ammo for the Mosin and an additional amount for the rest of the arms.
I do not like what is coming, still, to our Nation.
I shall survive.
Not happy, but alive.