Obama economic picture: National debt is 72.8% of GDP. And you're considering reelecting this fool?

Article View: dc.general

Article #2505

#2505

From: No More Debt
Date: Sat, 20 Apr 2013 17:58

28 lines
2340 bytes

http://i2.cdn.turner.com/money/galleries/2012/news/economy/1206/
gallery.Obama-economy/images/chart-national-debt-102612.gif

The financial crisis of 2008 spurred a big chunk of spending 
increases and tax cuts to stem the pain of the downturn. That's 
a key reason why debt held by the public -- individual 
bondholders, big investors, and foreign governments -- has 
increased significantly since 2008. That jump will have to be 
paid off with interest.

Much of those emergency measures will end, so for the next 
decade annual deficits should be much lower than they've been 
recently. But over the long run, debt is still projected to grow 
faster than the economy. Policymakers will have to address it 
soon, or risk not being able to fund everything Americans expect 
their government to do.

The ratio of national debt to GDP on the Obama watch is as 
follows:

2009 - 54.1%
2010 - 62.8%
2011 - 67.7%
2012 - 72.8%

The USA cannot afford Obama.

������

Technical Details

Message-ID: <f20c1d3fb798a2c6c3efdefe0fa3c102@msgid.frell.theremailer.net>

Path:

arc1-ca.pugleaf.net!bp1ni108pbd.1!nntp.google.com!news.glorb.com!feeder.erje.net!eu.feeder.erje.net!news.mixmin.net!mail2news.mixmin.net!not-for-mail

Show Full Headers

Complete Article Headers

X-Google-Thread: 101049,95a938a9a91ccc3,start
X-Google-NewGroupId: yes
X-Google-Thread: 1084c1,95a938a9a91ccc3,start
X-Google-NewGroupId: yes
X-Google-Attributes: gide5566c690b,gid1e6f4e3cda,domainid0,public,usenet
X-Google-Language: ENGLISH,ASCII
X-Received: by 10.66.67.43 with SMTP id k11mr399472pat.22.1366481055231;
        Sat, 20 Apr 2013 11:04:15 -0700 (PDT)
MIME-Version: 1.0
Sender: Fritz Wuehler <fritz@spamexpire-201304.rodent.frell.theremailer.net>
Comments: This message did not originate from the Sender address above.
 It was remailed automatically by anonymizing remailer software.
 Please report problems or inappropriate use to the
 remailer administrator at <abuse@frell.theremailer.net>.
 Identifying the real sender is technically impossible.
From: "No More Debt" <hillbillies@acres.com>
Subject: Obama economic picture: National debt is 72.8% of GDP. And you're
 considering reelecting this fool?
Message-ID: <f20c1d3fb798a2c6c3efdefe0fa3c102@msgid.frell.theremailer.net>
Precedence: anon
Date: Sat, 20 Apr 2013 19:58:51 +0200
Newsgroups: dc.general,sac.csus,az.general
Path: arc1-ca.pugleaf.net!bp1ni108pbd.1!nntp.google.com!news.glorb.com!feeder.erje.net!eu.feeder.erje.net!news.mixmin.net!mail2news.mixmin.net!not-for-mail
Lines: 30
Injection-Info: mail2news.mixmin.net; mail-complaints-to=abuse@mixmin.net