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article imageTwo numbers Democrats may not mention in Charlotte

By Larry Clifton     Sep 3, 2012 in Politics
Charlotte - As large numbers of Democrats gather in Charlotte, two numbers will not likely receive mention during incumbent party speeches. They are $16 trillion and 8.3 percent.
Tuesday, or perhaps Wednesday, the federal government will have amassed a record $16 trillion deficit, a whopping $5.364 trillion of that deficit under President Obama’s administration.
Major polls suggest Americans are concerned about domestic issues including unemployment, government’s relentless deficit spending, and many voters see the $16 trillion deficit as a massive economic pit for their children that the Obama administration continues to dig.
The gross federal debt has edged closer to the $16 trillion mark over the past two weeks hitting $15.991 trillion in debt on Thursday.
But while the Republicans prominently displayed a national debt clock on their convention floor for all to see, the Democrats will likely avoid the subject all together or shift blame to former administrations if reporters dare ask them about it.
It’s hard to imagine such a huge number being omitted from the Democrat’s political gala until reminded Mr. Obama has overseen the biggest explosion of national debt in the country’s history.
“This is a grim landmark for the United States,” said Sen. Jeff Sessions of Alabama, the ranking Republican on the Senate Budget Committee. “Yet the president seems strangely unconcerned,” he is quoted in the Washington Times.
On “Fox News Sunday,”David Axelrod, a top adviser to Mr. Obama, claimed the president has a “plausible plan” to stabilize the debt, but acknowledged the president’s plan does nothing to reduce the debt.
“You can’t balance the budget in the short term because to do that would be to ratchet down the economy,” said Axelrod.
In 2008, Mr. Obama campaigned on a pledge to cut the deficit in half.
U.S. national debt stood at $4.188 trillion when Mr. Clinton took office in 1993 and grew to $5.728 trillion by the time he turned over the White House to Mr. Bush. Bush added $4.899 trillion in his eight years in office, leaving the nation’s debt at $10.627 trillion on Jan. 20, 2009, when Mr. Obama took over. Mr. Obama, in less than four years, raised the national debt by $5.364 trillion, which means the national debt may surpass $16 trillion months before his current administration ends.
Meanwhile, the national unemployment rate has remained above 8 percent throughout most of Mr. Obama’s administration. A recent spate of bad jobs reports raised the unemployment rate from 8.2 percent to 8.3 percent, another large number Democrats might attempt to ignore during their Charlotte convention.
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