Tuesday, November 8, 2016

Obama: We will cut the debt in half by the end of my first term

Ah the national debt. It's our new national past time. Remember when budgets used to be balanced? Me either since they have barely happened since before the Great Depression.

 Barack Obama actually increased the national debt by $8.2 trillion dollars during his presidency. That's a gain of 74%! My favorite part is when he states "I refuse to leave our children with a debt they cannot repay".

Thanks Barack and see you later finally. And no we will not enjoy paying this debt back.

If you are wondering debt is a huge cause throughout history for the collapse of many empires. Most recently look at the collapse of the British Empire. Who do you think was one it's major financiers?

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