Work in the private sector? You owe $84,266 more on the national debt thanks to Obama...

Why aren't taxpayers marching on Washington? 

Via CNS News:

(CNSNews.com) – The federal government drove $789,473,350,613.20 deeper into debt in calendar year 2014, an increase that equaled $6,875 per household, $7,458 per full-time year-round worker, and $8,853 per full-time year-round private-sector worker.
According to the Treasury, the debt started calendar year 2014 at $17,351,970,784,950.10 and ended it at $18,141,444,135,563.30.
When Obama took office on Jan. 20, 2009, the debt was $10,626,877,048,913.08. Since then, it has increased $7,514,567,086,650.22–which is $65,443 per household, $70,985 per full-time worker and $84,266 per full-time private-sector worker.
Keep on reading…

Obama's deficit passes $7 trillion...

Up, up and away....

(CNSNews.com) - The total federal debt of the U.S. government has now increased more than $7 trillion during the slightly more than five and a half years Barack Obama has been president.
That is more than the debt increased under all U.S. presidents from George Washington through Bill Clinton combined, and it is more debt than was accumulated in the first 227 years of this nation's existence--from 1776 through 2003.
The total federal debt first passed the $7-trillion mark on Jan. 15, 2004, after President George W. Bush had been in office almost three years.

After increasing our national debt $6 trillion, Obama says, "...one of the most valuable things we have is America's credit worthiness."

 Click image for video

Obama needs to get freaking real...

PRESIDENT OBAMA: Everybody should say one of the most valuable things we have is America's credit worthiness. This is not something we should even come close to fooling around with. So when I read people saying, no, this wouldn't be a big deal, we should test it out. Let's take default out for a spin and see how it rides.[..] More here...

Putting deficit spending in terms even Democrats can understand (Video)

The 2012 National Debt Road Trip 

Average family of four will owe $70,000 more in federal debt after four years of Obama

President Obama has been a disaster of biblical proportions.

Via Weekly Standard:

President Obama’s fourth budget has now been released, which allows for a relatively full accounting of deficit spending during his four years in office. The picture isn’t pretty, but it is revealing.

According to the White House’s own figures (see table S-1 here for 2011 to 2013, and table S-1 here for 2010), the actual or projected deficit tallies for the four years in which Obama has submitted budgets are as follows: $1.293 trillion in 2010, $1.300 trillion in 2011, $1.327 trillion in 2012, and $901 billion in 2013. In addition, Obama is responsible for the estimated $200 billion (the Congressional Budget Office’s figure) that his economic “stimulus” added to the deficit in 2009. Moreover, he shouldn’t get credit for the $149 billion in TARP (Troubled Asset Relief Program) repayments made in 2010 and 2011 to cover most of the $154 billion in bank loans that remained unpaid at the end of the 2009 fiscal year — loans that count against President Bush’s 2009 deficit tally.

Adding all of this up, deficit spending during Obama’s four years in the White House (based on his own figures) will be an estimated $5.170 trillion — or $5,170,000,000,000.00.

To help put that colossal sum of money into perspective, if you take our deficit spending under Obama and divide it evenly among the roughly 300 million American citizens, that works out to just over $17,000 per person — or about $70,000 for a family of four.

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Jay Carney: Obama didn't break deficit reduction promise, he was just clueless

I paraphrased WH Spokesman Jay Carney's response to a reporters question is the post title, but that is essentially Carney's claim.

Via RCP:

Jay Carney is asked if it was a “mistake” for President Obama to promise in 2009 that he would cut the budget deficit in half by the end of his first term in office.

“It was a promise based on what we knew about the economy at the time as has been well established in this briefing and many other places. The economy turns out to have been far worse and in far greater distress when the president was running for office and then took office than we knew at the time,” Carney said.

House Speaker John Boehner: “We’re broke! It’s time for us to get serious about how we’re spending the nation’s money.”

John Boehner is signaling republicans are serious about cutting spending even if it cost some of the new 200 thousand Federal Employees Obama has added their jobs.

Washington (CNN) — House Speaker John Boehner said Tuesday if some federal workers lose jobs because of Republican-proposed spending cuts, “so be it.” But House Minority Leader Nancy Pelosi was quick to say “not so be it.”

“Over the last two years since President Obama has taken office, the federal government has added 200,000 new federal jobs and if some of those jobs are lost in this, so be it,” Boehner said during a news conference with reporters at the Republican National Committee. “We’re broke! It’s time for us to get serious about how we’re spending the nation’s money.”