{"id":15544,"date":"2015-12-22T11:33:28","date_gmt":"2015-12-22T16:33:28","guid":{"rendered":"http:\/\/olduvai.ca\/?p=15544"},"modified":"2015-12-22T11:33:28","modified_gmt":"2015-12-22T16:33:28","slug":"its-official-over-a-trillion-dollars-a-year-will-be-added-to-the-debt-during-obamas-presidency","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=15544","title":{"rendered":"It\u2019s Official: Over A Trillion Dollars A Year Will Be Added To The Debt During Obama\u2019s Presidency"},"content":{"rendered":"
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It\u2019s Official: Over A Trillion Dollars A Year Will Be Added To The Debt During Obama\u2019s Presidency<\/a><\/h3>\n<\/div>\n
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\"America<\/a>Under Barack Obama, the U.S. national debt has risen from $10,626,877,048,913.08 on January 20th, 2009 to $18,795,033,928,275.59 on December 21st, 2015.\u00a0 That means that the debt that we are passing on to future generations has increased by\u00a08.16 trillion dollars<\/strong>\u00a0since Barack Obama was inaugurated.\u00a0 There is still a little more than a year to go in Obama\u2019s presidency, and it is already guaranteed that Obama will add more than a trillion dollars a year to the national debt during his presidency.\u00a0 In fact, when you do the math, we are stealing more than 100 million dollars from future generations of Americans\u00a0every single hour of every single day<\/strong>.\u00a0 It is a crime of a magnitude that is almost unimaginable, and at this point it is\u00a0mathematically impossible<\/a>\u00a0for the U.S. government to pay off all of this debt.\u00a0 To say that we are in trouble would be a massive understatement.<\/p>\n

And of course not all of the blame goes to Obama.\u00a0 The Republicans have had control of the House of Representatives for all but two years while Obama has been in the White House, and they have gone along with all of this reckless spending.\u00a0 Without the approval of the House, Obama could not spend a single penny, but the Republicans have consistently chosen not to stand up to him.\u00a0 In fact, the Republicans in Congress just approved another massive 1.2 trillion dollar spending bill that essentially gave the Democrats every single thing that they wanted.\u00a0 House Minority Leader Nancy Pelosi even admitted that the Republicans \u201cwere willing to concede so much\u201d during the negotiations.<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

It\u2019s Official: Over A Trillion Dollars A Year Will Be Added To The Debt During Obama\u2019s Presidency Under Barack Obama, the U.S. national debt has risen from $10,626,877,048,913.08 on January 20th, 2009 to $18,795,033,928,275.59 on December 21st, 2015.\u00a0 That means that the debt that we are passing on to future generations has increased by\u00a08.16 trillion […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[3306,195,5983,341,11185,4901,549,584,11186,11187,11188,11189,11190],"class_list":["post-15544","post","type-post","status-publish","format-standard","hentry","category-economics","tag-barack-obama","tag-debt","tag-economiccollapseblog","tag-future","tag-future-generations-of-americans","tag-michael-snyder","tag-national-debt","tag-obama","tag-pay-off-all-of-this-debt","tag-pay-off-debt","tag-the-debt","tag-the-u-s-national-debt","tag-this-debt"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/15544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15544"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/15544\/revisions"}],"predecessor-version":[{"id":15545,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/15544\/revisions\/15545"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}