Source: twitter.com/charliekirk11/status/1053772739406897152
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NATO defense spending 2017:
% of GDP:
NATIONAL DEBT BILL CLINTON 1992: 4.168 trillion 2000 : 5.662 trillion % increase from 1992: 36% GEORGE W. BUSH 2000: 5.662 trillion 2008: 10.7 trillion % increase from 1992: 157% BARACK OBAMA 2008: 10.7 trillion 2016 : 19.9 trillion % increase from 1992: 377% Source: US Treasury Average Bush annual budget deficit: $250 Billion Average Obama annual deficit: $910 Billion (A MULTIPLE OF 3.7 TIMES HIGHER THAN BUSH!) Deficit in 2008, Bush's last year was $458 Billion, despite economic collapse. Deficit in 2009, Obama's first year: $1.2 Trillion. It is true that deficits fell from 2010 to 2016 but they were still astronomically higher than the average of any previous President in US history even in real terms (accounting for inflation). It is like maxing out the credit cards, reducing spending a little and then spreading the fake narrative that the deficit is "reducing". Source: usgovernmentspending.com |
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