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DAILY DEBT GROWTH: Here?s a fun fact: Since the beginning of the 2000?s, the national debt ha?

By Glenn Reynolds

DAILY DEBT GROWTH:

Here?s a fun fact: Since the beginning of the 2000?s, the national debt has increased by $7,274,735,146,661.64, more in a period of ten years than in the previous 211 year history of the Republic.

Obama?s share of that? So far, $2,423,949,411,973.89 in 499 days. Or over $4.8 billion in debt growth per day.

Under President Bush? Debt growth was at over $1.6 billion per day. Now, that $1.6 billion isn?t a good number, but it?s better than the $4.8 billion per day under Obama.

Now ask yourself this: Does the government have a revenue problem, meaning that we?re not taxed enough? Or does the government have a spending problem?

Indeed.

Full post as published by Instapundit.com on June 03, 2010 (boomark / email).