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Wednesday, May 22, 2013
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Rock'n chair Rambler
Over Taxed, TX
December 13, 2011 10:36am
The annual gross domestic product (GDP) to the end of June 2011 was $15.003 trillion, with total public debt outstanding at a ratio of 100% of GDP.
100%!!! That's the magic numbr. We are now Greece! Congrats to you Obama, Reid and Pelosi. Does this mean we can now all retire at 50 with full pensions from Uncle Samodakis?
On the day this national nightmare began and Obama took office, the national debt was $10.626 trillion. It is now $15.111 trillion and growing at a rate of $132 Billion per month, which is over 2.5 times as much as the Bush big spender legacy.
The Leftist Democrat apologists for Obama like to say Bush spent $1 trillion on the Iraq war and call it Bush's war. But Bush was not responsible for 9/11, unless you believe Rosey Odumbell and he didn't spend it all on Iraq. A lot of that $1 trillion was spent right here at home on defense of the homeland. Every podunk PD in the country, including our very own little Floresville PD got some of that gravy. I suspect the ATF got some too. That's probably how they bought those guns they let walk into the bloody hands of the cartels. It's hard to trace spending like that, since the budget fudgers are masters at hiding the really secret expenditures.... like, Obama's campaign travel and golf tours.
Obama has spent more on defense and brags that he killed more terrorists than Bush. I think I hear the phone ringing. It's Copenhagen calling, they want their Nobel Peace Prize back.
I wonder if that $1 trillion for Bush's war on terror includes the cost of that drone Obama's military just gave to Iran...... Merry Christmas and a happy Ramadan New Year to you, Ayatollah.
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