Barack Obama is set to give the largest gift in History to incoming President Donald Trump. The gift? $20 TRILLION in debt.
In the 30 or so minutes it took to write this article the national debt increased from $19,946,695,394,740 to $19,946,715,394,518 which is an increase of $20,000,000.
Barack Obama – The national debt grew the most dollar-wise during President Obama’s two terms. When he took over the national debt was at $10.6 trillion. He has added $9.3 trillion and growing to the national debt.
Debt per Citizen: $61,344
Debt per Taxpayer: $166,760
Assets per Citizen: $390,125
Liability per Taxpayer: $874,421
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No matter what President Obummer did, or any President would do, the debt can not be paid off. More money is owed than what is in existence.
ReplyDeleteYup and started with Lincoln's income tax.
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