On the day that President Obama took office in 2009, the Debt Held by the Public was $6.3T. On January 2, 2015 that debt was in excess of $13T. So during the first six years of the Obama presidency the hard debt of the federal government more than doubled. One way to look at the immensity of the debt under Obama is this: the number of dollars that the publically-held debt grew by during first six years of the Obama presidency (6.7T) is more than the number of days since the advent of the Big Bang 13.8 billion years ago, which is 5.037T. The U.S. Treasury would need to collect about $1.33 for each and every day since the Dawn of Time to be able to pay off the hard debt racked up in just the last six years. A buck-thirty-three a day may not strike one as a lot of money, it’s considerably less than what some folks pay for their daily latte, but the payment schedule would be spread out over “eternity.” It may seem silly to some to be talking about retiring debt...(Read Full Article)