WND EXCLUSIVE EACH FAMILYS BILL FOR OBAMA PRESIDENCY: $61,000 But No More Red Ink campaign lets you express outrage to Congress...>? he national debt racked up under President Obama’s administration now amounts to $61,000 per household, more than the average household income. “Need a new ride? Obama and Congress could have bought each American household a Mercedes Benz E-Class sedan (MSRP $51,400-$61,400) with the debt accumulated during Obama’s presidency,” Daily Signal commentator Michael Sargent wrote Wednesday. “The United States has added $7.06 trillion of debt since President Obama took office – far more than under any previous president,” he wrote. “Today, the country is saddled with more than $17.6 trillion of gross debt, an increase of more than $61,000 per American household during Obama’s presidency alone. Median household income in the U.S. is about $51,000. This means that during Obama’s presidency debt per household grew by more than the typical American family earns in a given year.”
Posted on: Thu, 04 Sep 2014 16:50:15 +0000
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