Changes

The Obama [[Federal budget deficit|deficit]]s are unquestionably the largest on record and represents an explosion of debt owed to foreign investors -- [[capital]] that must be exported in the future. The most recent deficit under President Obama for the year ending September 30, 2010 has been reported by the administration as $1,290 billion dollars (or $1.29 trillion).

The Obama [[Federal budget deficit|deficit]]s are unquestionably the largest on record and represents an explosion of debt owed to foreign investors -- [[capital]] that must be exported in the future. The most recent deficit under President Obama for the year ending September 30, 2010 has been reported by the administration as $1,290 billion dollars (or $1.29 trillion).

[[File:Obama deficits 2009-2010.JPG|thumb|241px|right|Incease in Public Debt]]

[[File:Obama deficits 2009-2010.JPG|thumb|241px|right|Incease in Public Debt]]

President Obama's record deficits include the $787 billion failed [[Economic stimulus]], the  $634 billion "down payment"<ref>http://www.washingtonpost.com/wp-dyn/content/article/2009/02/25/AR2009022504066.html</ref> on so-called [[Obamacare|healthcare reform]], and the [http://www.time.com/time/business/article/0,8599,1897321,00.html $80 billion [[UAW]] [[bailout]],] which added to [[President George W. Bush]]'s proposed  $700 billion deficit<ref>http://www.washingtonpost.com/wp-dyn/content/graphic/2009/03/21/GR2009032100104.html</ref> in 2008. [[President Obama]]'s claim  "I had a $1.3 trillion deficit wrapped in a bow, waiting for me at the Oval Office"<ref>http://www.whitehouse.gov/the-press-office/2010/09/20/remarks-president-cnbc-town-hall-discussion-jobs</ref> is unsupported by the facts.

President Obama's record deficits include the $787 billion failed [[Economic stimulus]], the  $634 billion "down payment"<ref>http://www.washingtonpost.com/wp-dyn/content/article/2009/02/25/AR2009022504066.html</ref> on so-called [[Obamacare|healthcare reform]], and the $80 billion<ref>http://www.time.com/time/business/article/0,8599,1897321,00.html</ref> [[UAW]] [[bailout]], which added to [[President George W. Bush]]'s proposed  $700 billion deficit<ref>http://www.washingtonpost.com/wp-dyn/content/graphic/2009/03/21/GR2009032100104.html</ref> in 2008. [[President Obama]]'s claim  "I had a $1.3 trillion deficit wrapped in a bow, waiting for me at the Oval Office"<ref>http://www.whitehouse.gov/the-press-office/2010/09/20/remarks-president-cnbc-town-hall-discussion-jobs</ref> is unsupported by the facts.

==Reliance on foreign investors==

==Reliance on foreign investors==