ARRA News Service: Obama Deficits As Compared With Past Presidents

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Blogger/Editor/Founder: Bill Smith, Ph.D. [aka: OzarkGuru & 2010 AFP National Blogger of the Year]
Contact: editor@arranewsservice.com (Pub. Since July, 2006) Home Page Follow @arra

One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors. -- Plato (429-347 BC)

Thursday, June 25, 2009

Obama Deficits As Compared With Past Presidents

How do the Obama deficits compare with past presidents? And how did the national debt get so big anyway. This video tries to answer those questions by looking at the debt as a road trip and seeing how fast different administrations have been traveling. The National Debt Road Trip video -

Tags: Barack Obama, debt, deficit, National Debt, political, video To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. Thanks!

Posted by Bill Smith at 3:09 PM - Post Link

1 Comments:

Daryl said...

All this runaway spending is possible due to the Federal Reserve's ability to create "Money" out of thin air. If the American people are to prevent another financial disaster (1929) we must stop the Fed's constant policy of offering loose credit and encouraging bad lending. One way to do that is pass -HR 1207 the Federal Reserve Transparency Act of 2009 - it will enable Congress to keep an eye on the current bailout money in order to prevent abuse and fraud. The bill now has 244 co-sponsors, with all 4 of Arkansas's Rep's among them

6/26/2009

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