Ateneo Professor on Entrepreneurship
Pres. Barack Obama added more than $5 trillion debt to the Federal Govt in the 4 years he has been in office; Mr Clinton's total stood at $4.188 when he held office which grew to $5.7288 when he turned over to Mr. Bush; he added $4.899 during the two terms he was in office. to reach more than $ l0.627 when he turned this over to Mr. Obama.
US debt grew high on Aug. 2, 20ll after the aprroval of the new debt limit.
Is it likely that this debt (which could have been inherited by Mr Obama) will be big issue in his reelection?
Is Mr. Obama to be held accountable for this high level of US debt?
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