The $5 Trillion Man: Debt Has Increased Under Obama by $5,027,761,476,484.56

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obama-oyIn the 39 months since Barack Obama took the oath of office as president of the United States, the federal government’s debt has increased by $5,027,761,476,484.56.

Although he has served less than a term, Obama is now the first American president to see the federal government’s debt increase by more than $5 trillion during his time in office.

During the full eight years that George W. Bush served as president, the federal government’s debt increased by $4,899,100,310,608.44. (Rising from $5,727,776,738,304.64 to $10,626,877,048,913.08.)

The $5,027,761,476,484.56 that the debt has increased during Obama’s presidency equals $16,043.39 for every one of the 313,385,295 people the Census Bureau now estimates live in the United States.

At the close of business on Jan. 20, 2009, the day Obama was inaugurated, the federal government’s debt was $10,626,877,048,913.08, according to the U.S. Treasury. By the close of business on April 16, 2012-as many Americans were working to finalize their 2011 tax returns to meet an April 17 filing deadline-the debt had reached $15,654,638,525,397.64.

The $5,027,761,476,484.56 in additional debt that the U.S. government has taken on during the 39 months that Obama has been president is more debt than the federal government accumulated in the first 219 years of the Republic.

The total federal debt did not exceed $5,027,761,476,484.56 until March 14, 1996, when President Bill Clinton was in the last year of his first term in office. On that day, the national debt rose from $5,025,887,531,178.79 to 5,035,165,720,616.33.

{CNS News/Matzav.com Newscenter}


11 COMMENTS

  1. Why is the economy so bad today? Why is the whole world going down? For the past thousands of years there was always Avoda zara in the world-from the molech to the baal to the asheira tree etc…-todays avoda zara is MONEY, we are a servant to money, we serve money, we let money talk & rule us. Thus we leave Hashem no choice but to take it away from us Rachmana L’tzlan. But if a person can use his money the right way & remember that it all comes from Hashem & it was just loaned to him, then he is the perfect person to continue holding Hashem’s money.

  2. Just a few “Kashas”
    Can you name any of Obamas 1st grade classmates?
    How about 2nd grade through 8th?
    Any Friends?
    School teachers?
    Girl friends?
    boyfriends?
    College Friends,Roomates,?
    Did he go on vacation with friends?
    Nothing,Nadda,Zero,Effes,
    The “Teretz” is, something is Fishy
    Every president has every detail about themselves known.

  3. anybody remember the liar promising he would halve the debt by the end of his first term? i do. he must have meant multiply by half

  4. #4 – yes, we do know people from his past. a simple google search revealed answers to just about every question on your list. What a lazy way to make a stupid point.

    #5 – multiplying by half is the same thing as halving

  5. And I thought I had debts. Reading this article sure made me feel good, but then again Obama doesn’t seem to be losing any sleep. The same cannot be said about me. Lol.

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