Obama Has Increased Debt More than All Presidents from Washington Through H.W. Bush Combined

Terence P. Jeffrey
CNS News
October 6, 2011

The Obama administration passed another fiscal milestone this week, according tonew data released by the Treasury Department. As of the close of business on Oct. 3, the total national debt was $14,837,099,271,196.71—up about $44.8 billion from Sept. 30.

That means that in the less-than-three-years Obama has been in office, the federal debt has increased by $4.212 trillion–more than the total national debt of about $4.1672 trillion accumulated by all 41 U.S. presidents from George Washington through George H.W. Bush combined.

This $4.212-trillion increase in the national debt means that during Obama’s term the federal government has already borrowed about an additional $35,835 for every American household–or $44,980 for every full-time private-sector worker. (According to the Census Bureau there were about 117,538,000 households in the country in 2010, and, according to theBureau of Labor Statistics, there were about 93,641,000 full-time private-sector workers.)

When Obama was inaugurated on Jan. 20, 2009, according to the Treasury Department, the total national debt stood at $10,626,877,048,913.08.

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22 Responses to “Obama Has Increased Debt More than All Presidents from Washington Through H.W. Bush Combined”

  1. It’s part of their goal to collapse the economy and get rich in the process.

    Did you know that Sarah Palin was planted as McCain’s running mate for a reason? They had no plans of winning the election. Why do you think she announced that she’s not running the same day as the death of Steve Jobs was reported on? Turns out there’s a lot to her story that the media isn’t reporting on. Search PalinsDirtyLittleSecret.blogspot and learn the biggest story in the history of the world before it magically disappears.

    • did you know that MOST handcuff have springfeild stamped into them. that means they are made in YOUR own country!!! USE THEM!!!! make a list of trators and arrest them! do it now.

    • So Palin was planted as McCain’s running mate because she looks like Tina Fey??? I’m stunned.

  2. 12/31/2001 BUSH $5,943,438,563,436 to 12/31/2008 BUSH $10,699,804,864,612

    6/30/2011 OBAMA $14,343,087,640,008

  3. Fourteen TRILLION! lol! Can I get a 15 Trillion!!! Who fricken cares..it can go to 100 Trillion for all I care! It’s invisible…it doesn’t exist anyways

  4. Hell, you should do a comparison of how much taxpayer money FIRST LADIES have spent! Betcha Michelle wins by a landslide! placeofrefuge2012.com

  5. all part of the plan.

  6. INFOWARRIORS, PATRIOTS, and TEA PARTY, here’s what YOU can do to OCCUPY WALL STREET,

    1. ATTEND PROTEST

    2. POST and HANDOUT AS MANY ‘V for VICTORY’ FLYERS AS YOU CAN

    3. HANDOUT and DISPLY AS MUCH RON PAUL PARAPHENILIA AS YOU POSSIBLY CAN
    (RON PAUL REVOLUTION FLAGS, T-SHIRTS, SIGNS, BUTTONS, LITERATURE, etc.)
    visit: ronpaul2012 dot com

    4. COPY, POST, PRINT, and HANDOUT “Ron Paul’s ‘Ten Principles of a Free Society’
    (posted below)

    5. CREATE ‘END THE FED’ SIGNS, HANDOUT LITERATURE EXPLAINING HOW THE FEDERAL RESERVE HAS BANKRUPTED OUR COUNTRY AND IS UNCONSTITUTIONAL

    6. BRING EARLY AMERICAN FLAGS (Betsy Ross, Gadsden, Fort Moultier, Washington Cruiser, etc.) or perhaps The Second American Revolution Flag usrevolution2 dot com

    7. HANDOUT SMALL, COMPACT NEW TESTAMENTS

    ITS UP TO YOU TO SPREAD THE MESSAGE OF LIBERTY! Godspeed . . .

    RON PAUL: THE TEN PRINCIPLES OF A FREE SOCIETY

    1. Rights belong to individuals, not groups; they derive from our nature and can neither be granted nor taken away by government.

    2. All peaceful, voluntary economic and social associations are permitted; consent is the basis of the social and economic order.

    3. Justly acquired property is privately owned by individuals and voluntary groups, and this ownership cannot be arbitrarily voided by governments.

    4. Government may not redistribute private wealth or grant special privileges to any individual or group.

    5. Individuals are responsible for their own actions; government cannot and should not protect us from ourselves.

    6. Government may not claim the monopoly over a people’s money and governments must never engage in official counterfeiting, even in the name of macroeconomic stability.

    7. Aggressive wars, even when called preventative, and even when they pertain only to trade relations, are forbidden.

    8. Jury nullification, that is, the right of jurors to judge the law as well as the facts, is a right of the people and the courtroom norm.

    9. All forms of involuntary servitude are prohibited, not only slavery but also conscription, forced association, and forced welfare distribution.

    10. Government must obey the law that it expects other people to obey and thereby must never use force to mold behavior, manipulate social outcomes, manage the economy, or tell other countries how to behave.

  7. the funniest part in all of this is meeting americans and hearing them say they have the 2nd amendment to prevent a tyrant from taking over america ahahahahahhahaha

  8. YES HE CAN!!!!
    YES HE CAN!!!!

  9. He has imprisoned the US with debt. He is bankrupting America. We are going out of business.

  10. Freedom lovers are taking things into their own hands. This is spiritual! This is living in reality not truth! Too long have we endured others telling us what to think and how to act. Individuality! Independence! Courage! Victory is surely ahead.

    We need one thing more ……

    Who of us participating in the protests have a clear idea of what we are trying to accomplish BEYOND MAKING OURSELVES HEARD. What EXACTLY do we expect to happen?

    The vast majority know only that they are taking action to make their voices heard. All well and good. But lacking specifics on how all this will play out, we may be shooting aimlessly in the wrong directions.

    Not a few anticipate violent conflict, saying, “Bring it on!” Revolutions do work like this. Common, ordinary folk, taking up arms, fighting only because they must fight … but with no definitive results in mind.

    And so, some revolutions succeed, and others collapse.

    Now, right now, before we go much further, let us ask these questions:

    Are we expecting political and judicial cleansing, or is the infiltration so deep as to eliminate all hope of Constitutional process? What shall we do, after our lists of demands are arrogantly trashed?

    In fact, the ears made of stone are the same powers in the British Monarchy and European monetary scam that led to the American revolution in 1776. They never got over that sting of defeat, and ever since have determined to control us again.

    Do we, spreading our protests nationwide, understand the history? Is it realistic to think we shall not entirely dismantle government and battle for something new? And if so, abandoning all hope of a political solution, who will lead us?

    These questions won’t go away, they will magnify. Though the New World Order is crumbling, infighting, and some defecting, the majority are somewhat terror stricken. This only intensifies their grip on the Agenda. That is all they have. To rewrite philosophy is inconceivable. It is all or nothing for them. They will not back down! They will move ahead. Mad as it seems, they are desperately clinging to their sinking ships, and ready to take the world down with them.

    We must be prepared to accept this as the protests turn to large scale revolution. We face total upheaval. Yes, we absolutely must pursue what recourse might be available in the miniscule remains of honesty in government. And should we make progress this way, it will be many years before we are once again in control of our lives. Do we really think our protests will continue for years?

    And if after 3, 5, 10 years, we sadly conclude it is not working, what then?

    There are presently organizations waiting in the wings, laying back unannounced, ready to emerge when all hell breaks loose, organizations which will propose leaders chosen for the task. Some good, and some bad. We can expect some of these, perhaps the most powerful, to be wolves in sheep’s clothing, actually working for the NWO. The great problem here is how the majority will be able to evaluate, and select, that one person, or group, which will bring us victory without side agendas.

    The above picture must be in our minds, and in our discussions. We are halfway there, making our voices heard. But what is it, beyond freedom and honesty in government and banking, that we really want to happen, and what is the machinery with which we shall accomplish it?

    4Victory posts constantly present the need for a vision of the future free of the failure modes of the past. Anything and everything that created opportunity for tyranny must be scrapped. What does this include? There will be struggle and bloodshed on this point, for many already know that religion is first and foremost a seduction into the nonsense of “absolute truth”, on the heels of which come absolute, peremptory “rule of law”, and after that, humanity’s descent into hell on earth.

    4Victory posts offer something better than religion …. the quest for the secrets of reality. Reality is spiritual, but no one has an exclusive franchise on it. We each find it in our own way, independent of middle men. Our highly advanced extraterrestrial observers have already come this way, long ago! When we discover reality as spiritually instructive and taking us direct to the Source from which we came, our revolution will proceed with clear-cut purpose and direction.

  11. “George Washington through George H.W. Bush ” – funny, where’s Clinton George Bush Jr?

  12. Well our system requires perpetual debt… so of course he increased the debt.
    Our Currency comes from the Federal Reserve. This Private Bank prints our money out of thin air and loans it to the American people as debt to be repaid – all at interest.
    Not only that but the politicians have bailed out the banks by GIVING them money that we BORROWED from THEM!
    You could not design a worse system.

    “It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”
    – Henry Ford

    We need a Debt Free Currency. One Issued by Congress that is For the People By the People. Not For Profit By some Privately Owned Bank.
    Congress can print its own money and we will not have to pay interest on that money.
    The borrower is servant to the lender.
    The banks loan America her money. If you own Dollars, you are a slave.

  13. OK maybe I should clarifiy. Its the debt throughout American history combined that we should be concerned with If we have always been in the hole what is the percentage? This is one of the more confusing issues at this time. 150 years ago if the percentage of our debt was 10% of what we took in and has grown each year since then… that would mean that the statement of the author is incorrect. Unless they have hidden the true amount of our debt we would have debt percentage around 300% of what we took in to be larger than all other preseidential regimes combined. We all need to remember the first rule of sensationalist journalism.
    1. Most people can barely read and fewer still can comprehend, so write what sells the truth is unimportant.

  14. Interesting

  15. I am curious is the a ratio of debt percentage or just actual cash? This statement bears looking into.

  16. We, the people, allowed this to happen. We allowed this to happen by not making a stand when Wilson signed the Federal Reserve Act. We allowed this to happen by not making a stand when JFK was murdered. We allowed this to happen by not making a strong enough stand when LBJ, Nixon, Bush.1 and Bush.2 plunged us into needless war. We allowed this to happen by being complacent. We, the people, are the only ones to blame. Because we didn’t show any faith in ourselves as people. Because we stood by and said”there’s nothing we could do”. There’s ALWAYS something you can do. You only have to have the courage to take action. We are a nation of cowards. Hopefully one day that will change.

  17. Andrew Jackson left the nation with $37,000.00 in national debt while having paid off nearly $45 million. Why he did not pay the entire balance is odd, but there it is. Too bad we do not have anyone like that now.

  18. The idea is the economy has serious trouble all around

    Go to: Dailyjobcuts.com

    .

  19. Design and programed to what he had to do=Destroy America.

  20. Obama debt making love regime.

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