To the Editor,
I am amazed that anyone can think that President Obama really cares about the middle class.
Our national debt is over $16 trillion. Our children and grandchildren will have to pay for this. He says we don’t need to worry short term but we will long term, meaning our children and grandchildren.
We have millions out of work and many thousands who have given up even looking for jobs. Many thousands, if not millions, of middle class citizens are losing their homes and unable to provide for their families.
His administration has added so many regulations on small businesses that a business owner cannot plan for future growth because of uncertainty. His health care bill will cause — and has already caused — employers to stop providing health care insurance to their workers. This will result in more people having to go on government health care. The cost of health care will sky rocket.
Doctors are very concerned about what ObamaCare will do to patient-doctor relationships. Their treatment will have to be approved by a group of federal bureaucrats. For instance, does Granny have enough life years left to justify her knee replacement surgery?
People on welfare and food stamps have increased profoundly under Obama. This country is broke; we do not have the money to support half of the population. Just turn on the TV and see what is happening in Spain and Greece when a government is forced to cut back on entitlements.
No, Obama does not care about the middle class. He cares about being re-elected. He is more interested in his power than in meeting with foreign leaders. When the Middle East is burning and 27 of our embassies have been attacked, he goes to Las Vegas for a fundraiser.
Evelyn Smith
Lumberton
Tellingit... There's no changing your mind so, we don't want your vote, keep it, it's worthless. We have standards for who we allow to be on our team, and you don't cut it. Just remember, had it not been for Republicans YOU wouldn't be allowed to vote. When Republicans passed civil rights, the democrats said "oh no you don't" and started a giving out free money to keep minorities out of the work force, building housing projects to keep em out their neighborhoods, and removing fathers from homes to make them dependent on government! Fact.... sorry to bust your bubble.
The national debt the day Bush took office in 2001 was $5,727,776,738,304.64. The national debt the day Bush left office in 2009 was $10,628,881,485,510.23. The national debt increased $4,901,104,747,205.59 during his eight years in office. That's an average yearly increase of $612,638,093,400.70.
Source: http://www.treasurydirect.gov/NP/BPDLogin?application=np Enter the dates January 20, 2001 and January 19,2009.
LOL @ the idea that no one complained.
Here are Obama's numbers:
The day Obama took office in 2009 the national debt was $10,626,877,048,913.08. Currently the national debt is $16,015,837,297,632.37. The national debt has increased $5,388,960,248,719.29 during the less than four years he has been in office. Even though it will increase significantly before inauguration day in January, if we divide the current national debt increase under Obama by four, we get an average yearly increase of $1,347,240,062,179.82.
Same source as above using the dates January 20, 2009 and September 27,2012.
So the debt increased ~$5 trillion under Bush at about $600 billion per year during an eight year span. In less than four years, the debt has increased ~$5 trillion under Obama at about $1.3 trillion per year. Increasing the debt by over $1,000 billion per year is not sustainable.
Obama hasn't delivered on any of the promises that got him into office except the abomination that is the medical insurance bill that was passed. Even the promises about that have proven false (it's going to cost triple what was originally projected). His biggest failure is the stimulus that was supposed to keep unemployment below 8%. LOL.
(CBS News) The National Debt has now increased more during President Obama's three years and two months in office than it did during 8 years of the George W. Bush presidency.
The Debt rose $4.899 trillion during the two terms of the Bush presidency. It has now gone up $4.939 trillion since President Obama took office.
The latest posting from the Bureau of Public Debt at the Treasury Department shows the National Debt now stands at $15.566 trillion. It was $10.626 trillion on President Bush's last day in office, which coincided with President Obama's first day.
The National Debt also now exceeds 100% of the nation's Gross Domestic Product, the total value of goods and services.
Mr. Obama has been quick to blame his predecessor for the soaring Debt, saying Mr. Bush paid for two wars and a Medicare prescription drug program with borrowed funds.
The federal budget sent to Congress last month by Mr. Obama, projects the National Debt will continue to rise as far as the eye can see. The budget shows the Debt hitting $16.3 trillion in 2012, $17.5 trillion in 2013 and $25.9 trillion in 2022.