Rough Math: $3 In Federal Debt for Every $1 in Economic Growth
Obama's spending record by the numbers
--> For every $1 added to the economy, we've added more than $3 in debt
--> added $5.23 trillion in debt vs. $1.68 trillion to the economy
--> 50% increase in debt vs. 12% increase in economic output
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This can't possibly be true. My elected leaders have assured me multiple times that every $1 in spending has a multiplier effect from 1.5 to 2x. For example every $1 spent on foodstamps produces $1.79 in the broader economy. Which is why the economy is thriving with 50 million people on food stamps.....oh wait.