Quote:
Originally Posted by LAJ
What freedoms have you lost?
And can you point us to any links from an impartial source that shows that Obama has in fact "put us in a bigger debt than any other president in history."
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Here is a good site that shows the national debt with a little perspective.
If you base it on percentage growth then Obama has grown the debt by about the same amount as Reagan did in his first three years in office.
If you scroll down a little you can see a chart where they show the amount of change in the debt by presidency. Here we see that during Reagan's two terms he increased the amount of the debt by 168%. Obama on the other hand, so far, has increased the debt by about 37%.
Here are some other notables on the list:
Carter +36%
Bush +49%
Clinton +22%
GW Bush +75%
So technically speaking Obama has us in the most debt we have ever been in if you are talking about a dollar amount, but as of right now he has increased the debt less than Reagan and both Bushes.
The funny thing is, when you look at the chart you see every president since 1976 (which is as far back as this goes) has left office with the national debt being at a new all time high.
This page shows the national debt as a % of the GDP going back to 1929.
Roosevelt ins the biggest debt creator during the depression. Obama is second right now and GW Bush is third.
Make sure to look at the part where the graph splits after Carter. The green line shows what the debt would have been had Reagan and the Bushes balanced their budgets and the democrats did as they did.