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# For Every \$1 Added to Economy, Obama's Economic Policies have added \$3 in Debt.

Posted by on Sep. 17, 2012 at 7:24 PM
• 8 Replies
1 mom liked this

[Q2 2012]

--> For every \$1 added to the economy, weâ€™ve added more than \$3 in debt

--> added \$5.23 trillion in debt vs. \$1.68 trillion to the economy
--> 50% increase in debt vs. 12% increase in economic output

Total Public Debt:

\$10,626T [Jan 20, 2009]
\$15,856T [Jun 30, 2012]

--> \$5.23 trillion increase in debt

[source: Treasury Dept]

......

GDP

\$13,923T [Q1 2009]
\$15,606T [Q2 2012]

--> \$1.68 trillion increase in GDP

[source: BEA]

by on Sep. 17, 2012 at 7:24 PM
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Replies (1-8):
by Eds on Sep. 17, 2012 at 7:51 PM

Oh I'm waiting to hear the explanations for this..

by Bronze Member on Sep. 17, 2012 at 7:56 PM
3 moms liked this

Explanation? Because dems are in control.

by Socialist Hippie on Sep. 17, 2012 at 8:24 PM

Solution:

cut the spending

raise the taxes- for all.

Who's in in?

by Jenney on Sep. 17, 2012 at 8:31 PM
2 moms liked this

Cut Spending

End ALL entitlments

Implement a Fair Tax

Quoting Sisteract:

Solution:

cut the spending

raise the taxes- for all.

Who's in in?

by Silver Member on Sep. 17, 2012 at 8:34 PM
2 moms liked this

Quoting jcrew6:

Cut Spending

End ALL entitlments

Implement a Fair Tax

Quoting Sisteract:

Solution:

cut the spending

raise the taxes- for all.

Who's in in?

Now, we are getting somewhere.

by Gold Member on Sep. 17, 2012 at 8:44 PM

Spend, spend, spend.  Ok, now time for another extravagant vacation perhaps?

by Socialist Hippie on Sep. 17, 2012 at 11:23 PM

Problem is, MR and his cronies (the people and Corps who fund elections) will NEVER implement a fair tax, never- and they control all.

Quoting broncfan:

Quoting jcrew6:

Cut Spending

End ALL entitlments

Implement a Fair Tax

Quoting Sisteract:

Solution:

cut the spending

raise the taxes- for all.

Who's in in?

Now, we are getting somewhere.

Separation of church and state is for the protection of BOTH church and state.
Leading with hate and intolerance only leads to MORE hate and intolerance.
by Jenney on Sep. 27, 2012 at 8:35 PM
Quoting Sisteract:

And Obama's cronies are better for America? His policies?