American Elephants


$12,800,000,000,000 by American Elephant

Got $42,105?

The federal government has now spent, lent, or promised $12.8 trillion dollars — a number approaching the sum of the entire  Gross Domestic Product of the United States of America last year.

The money works out to $42,105 for every man, woman and child in the U.S. and 14 times the $899.8 billion of currency in circulation. The nation’s gross domestic product was $14.2 trillion in 2008. [more]

And Obama keeps spending.

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1 Comment so far
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But I thought the Dems hated deficit spending. Isn’t that what they harped on Bush about?

Comment by tommy49646




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