BREAKING: US Treasury With A Staggering Announcement – Drastic National Debt Increase in the Past Eight Years

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Ever since President Obama left the office, the media has been spreading the word about his so-called “legacy.” They are effortlessly attempting to characterize his eight years in office as the best thing that happened to this country ever, uniting the people and showing what real democracy is.

Well, the other side of this story is the complete opposite, as usual. The country witnessed nothing but an increased racial tension in his two terms as president. One can describe this period as a complete disaster, with a special attention to the health care devastation and jobs opportunities too. Not to mention the illegal immigrants sneaking in our country, waltzing in unvetted, and drastic terrorism increase too.

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Here’s another proof that the country has been experiencing its worst days. It’s about the national debt. Here are the U.S. Treasury’s latest numbers, according to CNS News:

The federal debt climbed by more than a trillion dollars during 2016, according to data released today by the U.S. Treasury…

That increase in the debt equaled $8,860.65 for each of the 119,026,000 households the Census Bureau estimated there were in the United States as of September.

During President Barack Obama’s time in office the federal debt has increased by $9,349,949,902,134.72—rising from  $10,626,877,048,913.08 on Jan. 20, 2009, the day of Obama’s inauguration, to $19,976,826,951,047.80 on the last day of 2016.

national debt

As a result to numerous unnecessary programs and careless spending, the country’s national debt has reached new heights.  And it’s all cause of President Obama’s way of governing, in which the enlargement and increase of the government are measured by the money spent, which altogether is terribly wrong.

And how do you think the government will react to this abrupt national debt increase and what measures it is willing to take to control it? Congressional salaries decrease maybe? Or a cut back in one of their social programs?  The answer is simple. The simplest solution for the government would be massive tax increase across the working middle class.

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The only bright side of this is that President Trump is going to invest in our country and will open thousands of jobs to the American people. We hope that his plan will somehow slow down the national debt increase, or even lower it at some point in the future.

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