I wanted to take a moment to write to you about the national debt. I hear constantly from Democrats and liberals that President Obama has barely increased the debt we have now and that most of it was accumulated by President Bush. However, such a statement is patently false.
When Bill Clinton took office our national debt was $4.1 trillion. When he left office the national debt was $5.7 trillion, a $1.6 trillion increase. When George Bush left office our national debt was roughly $10.626 trillion dollars; Bush added just under $4.9 trillion to it. So together they added about $6.5 trillion (rounded up) over the course of 16 years.
Now one must look at Obama’s singular term. Our national debt hit $16 trillion during the Democratic convention. This would mean President Obama has added about $5.374 trillion of debt in four years. That’s 83 percent of what both Clinton and Bush managed to accumulate over a course four times as long. Next time you catch a Democrat trying to propagate this lie, call him on it.
These numbers come from the United States Treasuries Debt to the Penny calculator. I have double checked the authenticity of these numbers. The original article that lead me to this was written by Keith Hansen on Brainnerddispatch.com.