President Trump Inherits Obama’s Legacy of National Debt

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Obama left the highest office on Friday and along with his “legacy,” he also left behind a mountainous $9.3 trillion additional debt that he incurred since 2008. 

When Obama was sworn in on Jan. 20, 2009, the federal debt was at $10,626,877,048,913.08.

Eight years later (as of Jan. 18, 2017), the total debt under his presidency had grown to $19,961,467,137,973.64 (86 percent increase), which is now left for President Trump to clean up. 

It should be noted that the final total of Obama’s debt will not be released until after Trump’s inauguration. As of Friday afternoon, the U.S. national debt had grown to almost $19.962 trillion, as shown on USdebtclock.org.

According to statistics released by the Bureau of Labor Statistics, there were 124,248,000 people in the U.S. workforce with full-time jobs as of December.

On Wednesday, the U.S. Treasury stated the total federal debt was $19,961,467,137,973, which equaled $160,658 for every U.S. worker. If you then consider the additional debt of $9,334,590,089,060.56 that increased under Obama’s presidency, it would bring the total to $75,128.69 for each working individual in the U.S.

The staggering amount of debt that Obama piled up is far more than any other president in history. For example, George W. Bush incurred $4,889,100,310,609.44 in additional national debt during his 8-year presidency, making it only half of what Obama managed to rack up.

H/T: CNS News

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