CNS News has the story.
Excerpt:
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.
[…]The $7,060,259,674,497.51 in new debt that the federal government has taken on during Obama’s presidency equals $61,341.82 per household.
The median household income in the United States in 2012 (the latest year estimated) was $51,017. Thus, President Obama has increased the federal debt by more than the typical household’s annual income.
I sometimes get annoyed by the fact that the stock market hasn’t tanked under Obama in the last 6 years, but there is a reason why. The reason is that he has borrowed and spent SEVEN TRILLION dollars. This makes the lack of economic growth caused by his anti-business policies, e.g. – Obamacare, look less harmful than they are. If you were in debt 30,000 and borrowed another 20,000 and started buying cars and taking vacations, you’d look pretty good. That’s basically what this President did. We look OK, but only because he borrowed $7 trillion from the next generation of Americans.
WINTERY KNIGHT 
You Got It! This is the weirdest economy. Stock market up, REAL jobs in the tank. Low paying jobs increasing. It looks like Americans have become a generation of hamburger flippers. That’s why they want the minimum wage increased. Americans are working, but aren’t making a living wage. My son, with a degree in Math and Physics, is working at Target. And they are desperate to hire. Why? They only pay $8.72 an hour. At that wage no one could even rent an apartment in Denver. And ours is one of the most prosperous areas in the nation. Plus we moved here two years ago seeking work when the Arizona economy tanked. We have architect friends in Arizona asking us about jobs in Denver. Our accountant friends in Seattle are unemployed. Devastating effects on them and their families. The Obama economy has turned engineers, architects and accountants into the new migrant workers. I have a master’s in economics and one in international trade and finance. And I’m telling you, the Carter Administration is famous for stagflation (also the result of Democratic policies.) Johnson gave us runaway inflation. I don’t even know what we will call this economy — Jobless Prosperity? No, this is the end of America. We are toast. I doubt sincerely we can ever get an economic conservative in office who will do what’s necessary to save this country. God bless you. Susan Fox http://www.christsfaithfulwitness.com
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