08-20-2012, 10:16 AM
|
|
|
It's 42
Industry Role:
Join Date: Jun 2010
Location: Global
Posts: 18,083
|
Quote:
Originally Posted by DWB
How is Obama adding billions to the debt a spin? Actually, I am incorrect. He has added over $4 trillion. We're way past billions. The graph you posted has already been shown to be false on more than one fact checking sites.
What president spent more is totally irrelevant. The only thing that matters is how much debt there is, and right now, we have the most we've ever had. It's on his watch.
|
Price of Gold:
2000 = $279.11
8/2012= $1620.41
That chart is just spin -- the dollar has lost value.
Admittedly, the Gold values are distorted.
Maybe, the real range of value should be 2000 $400 and today $1,200 so divide the real debt values accordingly ... Then factor in the percentage of GNP and the population growth.
|
|
|