How will the 2010 midterms go?

Sunday, May 16, 2010

A Thought on Obama's Math

Let's say John is a sixth grader. John gets math homework to do. He sits down at home and reduces the fractions one by one. Then the last one is 2 trillion over 12 trillion. John think about. "TAKE OFF THE ZEROS!" he remember. John discovers 2 trillion is 1/6 of 12 trillion.

John is a sixth grader and Obama is a Harvard graduate. There is a slight difference in amount of school time there. I don't see how a Harvard grad couldn't figure that an additional 16% to the debt in one year is a negative. At that rate, he would increase the debt 64% in one term. That is 8 trillion dollars if he doesn't increase the rate of spending whatsoever. Even that 8 trillion dollars doesn't take interest into account.

People say Obama is getting blamed for what Bush did. Well in 8 year bush worked up a 12 trillion dollar debt WITH interest. Obama in four years will have doubled that. Outrageous.

0 comments:

Followers