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Showing posts with the label national debt comparisons

The Facts Behind Obama's Term in Office

Are things better or worse from the end of 2008 to now?  Take a look at the U.S. Debt clock from both years and you decide. The figures for 2008 are right here at http://usdebtclock.org/2008.html The figures for 2012 (to the current moment) are at http://usdebtclock.org Here's some of the comparisons:                                                      2008                                2012                         Percentage Increase U.S. National Debt                     $ 9.59 trillion                    $15.60 trillion                  63% Gross Debt to GDP                      69.616%                          103.38%                           49% Revenue to GDP                          37.13%                              32.01%                          (14%) Spending to GDP                         39.88%                              43.65%                             9% U.S. Imported Oil                      $347.92 billion                   $496.40 billion