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Old ABT MB
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Total U.S. Debt Surpasses $19 Trillion; Rises $8.4 Trillion Under President ObamaTwo months ago, when we calculated that
the US would need a new "debt ceiling" of $19.6 trillion to last until
after Obama's tenure, we may have been too optimistic: since the
increase in the hard debt limit of $18.15 trillion which was raised at
the end of October, the US appears to be growing its debt at a far
faster pace than we had originally expected, and according to the latest
public debt data, as of the last day of January, total US debt just hit 19,012,827,698,417.93. This means that if the nominal US GDP as of December 31 which was $18.12 trillion grows at the 1.2% rate expected by the Atlanta Fed, total debt to GDP is now on pace to hit 105% at the next GDP tabulation, and rising fast from there.http://www.zerohedge.com/news/2016-02-01/total-us-debt-surpasses-19-trillion-rises-84-trillion-under-president-obama Bailing Out Crooked Bankers at The Expense of The American Taxpayer is Wrong Gotsa Get Paid https://www.youtube.com/watch?v=kaIZWjItReI Pointless Prefers Ad-Hominem to Argument and A Constant Cacophony of Obscenities to Logic Pointless claims to Be a Lover of Art/Truth Xenopohobia is Foolish on All Sides.. Very Unfortunately Innocent Victims Are Trapped in the Middle of the Likes of Pointless, Crappy and General Bunkster. Can It Get any More Silly Than The Trio's Responses. We Are All The Many Eyes of Source and All That That Implies.. Christianity is Essentially an Egyptian Myth. Now That is Interesting. Amun-Re Setting Sun |
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