Back in August, The Blaze reported that President Obama’s economic policies managed to add more debt to America than George Bush did, and in less than half the time! Today we have a staggering measurement that shows just how large that problem has grown.
When Obama took over for Bush in January of 2009, America was only $10.6 trillion in debt. In less than three years, the nation’s debt has ballooned past the $15 trillion dollar threshold.
To put it in perspective, as National Review notes, the national debt has grown by a stunning $48,994.12 per second that Obama has been in office.
A little rough math to illustrate how fast our debt is growing.
$48,994 per second works out to almost $3 million dollars per minute ($2,939,640)
or
$176,378,400 per hour
or
$4,233,081,600 per day – More than four billion dollars of added debt per day.
Critics might easily dismiss the numbers since they came from a conservative outlet like National Review. But guess where the numbers really came from? The non-partisan (and some would even say left-leaning) fact-check group, PolitiFact.com.
(H/T: Jim Geraghty at the National Review)
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