A new Obama spending record! 

For a while now, Caesar Obammus has held the infamous record for accumulating more debt than all presidents from George Washington to George H. W. Bush combined.  He has now managed to beat his own record!  Obama is on pace to accumulate more debt than was accumulated by all presidents from George Washington to Bill Clinton combined.  Wow!  What a presidential stud!

To put it into perspective, this means that the national debt has increased an average of $4.24 billion each and every day that Dear Ruler has been in office.  By the end of his first (and hopefully only) term, he will have increased our national debt by $6.2 trillion.  We are currently at the point where our national debt ($15 trillion) is equal to 100% of our gross domestic product (GDP)

Despite what Obama and the proggies will tell you, this is NOT a hole that we can dig our way out of by taxing the rich.  If you confiscated everything that the evil 1% earned in 2010, that would be about $1.6 trillion.  Even the government educated fools could look at that and tell you that we are in a deep pile of horsesqueeze.