Debt Up $7,500,000,000,000 Under obama!!

[smitty]

The "Low Information Voter" will tell us this is how America will prosper.

 

http://www.cnsnews.com/news/article/terence-p-jeffrey/under-obama-federal-debt-84266-full-time-private-sector-worker

[Big girl]

What is the deficit? you mentioned the debt but not the deficit.

[bullets13]

The "Low Information Voter" will tell us this is how America will prosper.
 
http://www.cnsnews.com/news/article/terence-p-jeffrey/under-obama-federal-debt-84266-full-time-private-sector-worker

I'd respond, but I don't click the "low information voter" links you post anymore.

[stevenash]

What is the deficit? you mentioned the debt but not the deficit.

Come on, Big Girl.  You already know what the debt and deficit are.  So why bring it up now?  Are you excited that the deficit is lower than it was a couple of years ago?  If you make 100,000 per year and spend 150,000 per year, you operate under a $50,000 deficit.  If you do that for 10 years, you have created a $500,000 debt plus interest.  So, if you cut your $50,000 deficit down to $30,000 per year, you are still in debt by $530,000 plus compounded interest.  If you continue on that path, NOBODY is going to be willing to lend you any more money and those to whom you default on your debt will force you into bankruptcy.

[mat]

What's a couple of zeros.