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Re: SoxFan post# 278490

Saturday, 04/14/2018 10:21:10 AM

Saturday, April 14, 2018 10:21:10 AM

Post# of 480953
"We've borrowed more money under Barack Obama than we borrowed from George Washington through George W. Bush," said Donald Trump's economic adviser Stephen Moore at a debate in mid-October. "This is the most fiscally reckless behavior."

Trump has also made similar claims, saying that the debt has doubled under Obama's eight years in office.

Here are the numbers:

By January 2009, the United States had accumulated $10.6 trillion in debt. That's the net amount the country had borrowed from Washington through the Bush years.

The gross national debt now stands at $19.7 trillion. That's an increase of $9.1 trillion — not quite a doubling, but pretty close.

http://money.cnn.com/2016/10/19/news/economy/debt-obama-trump/index.html

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