On February 17, 2009 President Obama signed into law a $831 billion stimulus bill – completely financed with debt. His Administration promised that – if we borrowed and spent this money – today, unemployment would be only 5.5%.
The current unemployment rate is 7.9%.
When American families struggle with personal debt, they are forced to review their choices each month in a pile of bills. But, no such reminder existed for President Obama, until now:
$ 831,029,000,000
$ 0.00
$ 40,062,000,000
$ 871,091,000,000
Total Available Credit
MAXED OUT
To date, the card holder has made no payments on this credit card.
| Estimated additional interest charges over the next 7 years… | Estimated bill at the end of 10 years… | You will pay off this debt… | |
| If you continue to make no payments on this credit card | $318,521,000,000 | $1,189,612,000,000 | Never |
