Of all the falsehoods told about President Barack Obama, the biggest whopper is the one about his reckless spending spree.
As would-be president Mitt Romney tells it: “I will lead us out of this debt and spending inferno.”
Almost everyone believes that Obama has presided over a massive increase in federal spending, an “inferno” of spending that threatens our jobs, our businesses and our children’s future. Even Democrats seem to think it’s true.
But it didn’t happen. Although there was a big stimulus bill under Obama, federal spending is rising at the slowest pace since Dwight Eisenhower brought the Korean War to an end in the 1950s.
Even hapless Herbert Hoover managed to increase spending more than Obama has.
As a definition:
$5T is equal to how many miles:
D=((5e12*V)*T)/63360D = Distance (Miles)
V = Currency Value (Decimal)
T = Currency Thickness (inches)
63360 = Inches in 1 mile.
339330.8 miles of one dollar bills
314,078,282.8 miles of quarters
35,511,363.6 Miles of dimes
121,527,777.8 miles of nickles.
Put into context - The moon is about 265,000 miles from earth and Jupiter is 365,000,000 miles from Earth. I could do pennies also, but this representation seems to satisfy my curiosity.
