Obama’s

Debt Legacy

Inflation or Deflation?

Foreigners Are Dumping U.S. Debt At A Record Pace And Our $20 Trillion National Debt Is Poised To Become A Major Crisis

One of the most significant aspects of the “Obama legacy” is the appalling mountain of debt that he has left behind. As I write this article, the U.S. national debt is sitting at 19.944 trillion dollars. During Obama’s eight years, a staggering 9.3 trillion dollars was added to the national debt. When you break that number down, it comes to more than a hundred million dollars every single hour of every single day while Obama was living in the White House. In just two terms, Obama added almost as much to the national debt as all of the other presidents before him combined. 

What Obama and the members of Congress that cooperated with him have done to future generations of Americans is beyond criminal. 

Now that Donald Trump is president, he is going to have some very hard choices in front of him. 

If Donald Trump and the Republicans stop borrowing and spending so much money, the economy will immediately start suffering. 

But if they do continue down the same path that Obama put us on, it is a recipe for national suicide. 

So either we take our medicine now, or we risk completely destroying the bright future that our children and grandchildren were supposed to enjoy. 

Wake up America, because time is running out.

 DYI