Obama has doubled the national debt to $20 trillion in just eight years

‘During his first presidential campaign in 2008, after becoming the Democratic presidential nominee, then-U.S. Sen. Barack Obama accused outgoing President George W. Bush of being “irresponsible” and “unpatriotic” regarding his stewardship over a rising national debt.

“The problem is..is that the way Bush has done it for the last eight years is to take out a credit card from the Bank of China, in the name of our children, driving up our national debt, from $5 trillion under the first 42 presidents, to number 43, added $4 trillion all by his lonesome, so that we now have over $9 trillion of debt that we are gonna have to pay back. Thirty thousand dollars for every man, woman and child,” he said during a campaign speech in Fargo, N.D., on July 3, 2008. “That’s irresponsible. It’s unpatriotic.”‘

Read more: Obama has doubled the national debt to $20 trillion in just eight years

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