Despite the massive increase in the federal government’s marketable debt during George Bush’s eight years, Obama has now managed to accumulate more additional marketable debt in his first five+ years in office than all the presidents who preceded combined. The debt held by the public has officially doubled under Obama.
Tag: slavery
Total US student loan debt exceeds total credit card debt and now exceeds 1 trillion dollars. Also, approximately 45% of those who have already graduated college are not making payments either due to default, deferment, some other form of forbearance or they are still in their grace period.