Obama achieves record 4 years of trillion dollar deficits

Obama achieves record 4 years of trillion dollar deficits

How does he do it? Barack Obama set another record this month. He is the only president, EVER, to have four straight years of trillion dollar deficits.

Barack is simply the worst ever. No one has ever come close to these numbers – Ever! CNS News reported:

The Congressional Budget Office last week released updated historical budget data for the federal government, reporting a deficit of $1.087 trillion in fiscal 2012.
2012 marked the fourth straight year—and the only four years in the history of the nation–when the federal government’s deficit topped $1 trillion.

Last year’s $1.087 trillion deficit was even greater in inflation-adjusted dollars than the peak World War II deficit of fiscal 1943—which was $54.554 billion in 1943 dollars and $723.8714 billion in 2012 dollars, according to the Bureau of Labor Statistics online inflation calculator.

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