Obama’s Hope & Change … US National Debt Hits Record High over $12 Trillion … Typical Tax & Spend Liberal

 

CHANGE YOU CAN BELIEVE IN … The US National Debt topped the $12 trillion mark yesterday. That’s 12 trillion with a “T”. It is another record high for the debt and another crowning jewel for Obamanomics.

This latest milestone in the ever-rising journey of the National Debt comes less than eight months after it hit $11 trillion for the first time. The latest high-point is not unexpected, considering the federal deficit for the just-ended 2009 fiscal year hit an all-time high at $1.42-trillion – more than triple the previous year’s record high.

Much of the increase in the deficit and debt is attributed to government spending outpacing revenue – both exacerbated by the recession and the government response to it – including hundreds of billions in bailouts and stimulus spending and tax cuts along with decreased tax revenues due to rising unemployment.

How is that “Hope & Change” looking now America? US National debt now at a record high over $12 trillion … that’s $38,974.34 for every man, woman and child in America.

After all his promises, after all his teleprompter speeches, after all his talk of change, Barack Hussein Obama is nothing more that a super-sized tax and spend liberal. Make that socialist.

All this an still we have unemployment over 10%.

With a straight face President Barack Obama said that there is a need to bring the rising deficit and debt under control. Really Sherlock, what was your first sign? Mean while back at the ranch, Obama looks to ram through Congress a $1.3 trillion health care boondoggle.

How is that CHANGE feeling now America?

Welcome to the horrific world of a Tax & Spend socialist. As Say Anything says, “Up and up it goes.  When it stops?  Nobody knows.” As Obama spends us into oblivion, is Obama now planning on a $3 trillion tax increase?



If you liked this post, you may also like these:

  • Senator Marco Rubio (FL-R) to Obama … You are Turning America into a “Deadbeat Nation”
  • Hope & Change: CBO – Obama’s Record Budget Deficits Even Worse Than Thought, To Add $9.7 Trillion to US Debt by 2020 (+$1.2 Billion)
  • Good Grief … Debt Jumps $328 Billion In Single Day Of Operation to Go Over $17 Trillion
  • Obama Unveils $3.8 Trillion Budget with Record Deficits
  • Barack Obama Said in 2008, “Adding $4 Trillion to National Debt was Unpatriotic” … So Does is Obama Unpatriotic as Well




  • Comments

    16 Responses to “Obama’s Hope & Change … US National Debt Hits Record High over $12 Trillion … Typical Tax & Spend Liberal”

    1. buster on November 18th, 2009 10:44 am

      Some would say he is the antichrist

    2. St Stephen on November 18th, 2009 11:02 am

      Hey, Scared Monkeys…

      How’s ’bout putting up a thread about how the stimulus is creating jobs in districts that don’t even exist in the States they say jobs were placed?

      That goes hand in hand with “change you can believe in” and puts money where there is no geographical entity. Where IS that money, anyway?

    3. Plenum on November 18th, 2009 1:14 pm

      “liberal” has nothing to do with it. Except through the mediated p.o.v.

      Obama is 97% a Bush-clone Bush wasn’t a Republican – look what he’s done to the party. a bust

    4. katablog.com on November 18th, 2009 4:24 pm

      #2 St Stephen: It’s okay because not only were jobs saved or created in those nonexistent districts, but Stimulus money was also spent in nonexistent districts – so they balance each other out! /sarc

      #3 Nutball Plenum: Say what? That’s the first time I’ve heard the Obama is 97% clone of Bush! You really aren’t suppose to over medicate; too many of those blue and red pills I think. In 10 months, BHO has managed to spend more ($1.4 trillion)than Bush spent in 8 years!

    5. yoyo muffintop on November 18th, 2009 8:36 pm

      #4 – CBO estimated on January 9, 2009, that the deficit would be $1.2 trillion for fiscal 2009. That projection was based soley on George Bush policies.

      http://tinyurl.com/95b2cy

      As far as your numbers go – is that partisan teabagger math? “In 10 months, BHO has managed to spend more ($1.4 trillion)than Bush spent in 8 years!” is too stupid to even comment on.
      You gotta break down that teabagger math and show how you came to that conclusion. I gotta know. Haha.

    6. katablog.com on November 18th, 2009 10:30 pm

      yoyo: YOU are an idiot.
      President Barack Obama’s Fiscal Year 2009 Budget With the huge bank bailouts and Obama’s $787 billion economic recovery program, 2009 expenditures are estimated at $3.94 trillion, an increase of 33 percent over 2008. and then, there’s Next Year:

      Senate follows House, passes Obama budget planThe Senate passed a $3.53 trillion version of the federal budget for fiscal year 2010 late Thursday night in a party-line vote, ending several weeks of acrimonious partisan debate.

    7. buster on November 18th, 2009 11:28 pm

      YoYoButtHole you best take yer shoes “n” socks off to count that high !!!

    8. brie. on November 19th, 2009 1:42 am

      …Go bury your attitude…..no one obviously likes you…and for good reasons..your a terrorist……!

    9. super dave on November 19th, 2009 8:27 am

      YOYO: take that burka off before you eat and you will actually get food to your mouth. or, in an emergency you could use it for toilet paper.

    10. super dave on November 19th, 2009 9:03 am

      thanks to obama’s stupid ass meddling in our insurance, some of my perscriptions have doubled in price.
      democrats are the dumbest, most ignorant sobs’ on the planet. now they are trying to stip up the natives with his boyfriend jessie jump jackson. he take his orders from massa abama.

    11. super dave on November 19th, 2009 3:15 pm

      the nut cuttin brotha turned out to be sucka !!

    12. yoyo muffintop on November 19th, 2009 4:35 pm

      #6 – You said “In 10 months, BHO has managed to spend more ($1.4 trillion)than Bush spent in 8 years!”.

      You have yet to use your teabagger math to show how you came to that conclusion. What are you afraid of…that you’re wrong? Lol.

      Go ahead – take each Bush year, add them up, then show how that is more than Obama has spent in 8 months.

    13. yoyo muffintop on November 19th, 2009 4:40 pm

      Funny – didn’t hear a peep when Bush proposed a $3.1 trillion budget for FY2009 (which passed) in Feb 2008. Not a peep.

      Wonder why that was?

    14. super dave on November 20th, 2009 8:09 am

      yoyo: bush is out of the picture. stop blaming the problem your president created on someone else. your boy is incapable of even the smallest decision and has to be told what to do by guess who ? white people like pelosi and reid. they used obama to get the black vote. his tenure is almost done and when they no longer need him, he will thrown out with the other garbage.

    15. super dave on November 20th, 2009 5:39 pm

      looks like obama and his albino eric holder will be forced to investigate their own corrupt organization acorn.
      holder along with his boy obama will eventually be uncovered as the corrupt thugs that they are.
      We The People on the job.

    16. win on November 24th, 2009 12:16 pm

      My take on “hope and change” math — in bumpersticker format:

      http://www.zazzle.com/hope_and_change_bumper_sticker-128287753379830619

    Leave a Reply




    Support Scared Monkeys! make a donation.

     
     
    • NEWS (breaking news alerts or news tips)
    • Red (comments)
    • Dugga (technical issues)
    • Dana (radio show comments)
    • Klaasend (blog and forum issues)
     
     
     
     
     
     
     
    Close
    E-mail It