Obamanomics: For Every $1 Added To The Economy, More Than $3 Added To Debt

Obamanomics: For Every $1 Added To The Economy, More Than $3 Added To Debt Image

President Obama seems content on running the same “Hope and Change” campaign for reelection that he ran in 2008: same rhetoric, same promises, same hype…you’ve heard it all before.  If Americans today are living through the effects of Obamanomics now just imagine how things would be with four more years it. To help your imagination take flight check out these abysmal stats Obama must be proud of.  Warning: the first one is a doosey!

–> For every $1 added to the economy, we’ve added more than $3 in debt

–> added $5.23 trillion in debt vs. $1.68 trillion to the economy
–> 50% increase in debt vs. 12% increase in economic output

Total Public Debt:

$10,626T [Jan 20, 2009]
$15,856T [Jun 30, 2012]

–> $5.23 trillion increase in debt

The Romney campaign released a new attack ad focusing on how Obamanomics is failing American families:

So what is the Romney alternative?