Skip to content

For each baby born since Obama took office, debt has increased by $1,608,304

By Catholic Online (NEWS CONSORTIUM)
1/21/2014 (3 years ago)
Catholic Online (www.catholic.org)

life expectancy of a baby born in the United States in 2009 is 78.5 years

This week marks the fifth anniversary of U.S. President Barack Obama's inauguration. According to Terence P. Jeffrey, of CNS News, under Obama, the total debt of the U.S. government has increased -- by approximately $1,608,304 FOR EACH of the 4,130,665 babies born in the United States in 2009, the year Obama took office.

According to the National Center for Health Statistics, the life expectancy of a baby born in the United States in 2009 is 78.5 years.

According to the National Center for Health Statistics, the life expectancy of a baby born in the United States in 2009 is 78.5 years.

Highlights

By Catholic Online (NEWS CONSORTIUM)
Catholic Online (www.catholic.org)
1/21/2014 (3 years ago)

Published in Business & Economics

Keywords: President Obama, birth, children, life expectancy, debt


LOS ANGELES, CA (Catholic Online) - According to the National Center for Health Statistics, the life expectancy of a baby born in the United States in 2009 is 78.5 years. In short, the government would add more than $104 trillion in net debt during the life expectancy of those babies.

The federal government has borrowed a net total of $6,643,363,305,451.78 during Obama's presidency. That works out to an average of approximately $1,328,672,661,090 per year, or $104,300,803,895,565 over 78.5 years.

Keep the Son in your eyes with this visor --

The $104,300,803,895,565 the federal government would borrow during the lifetimes of babies born in 2009, if the government were to continue to borrow at the annual pace of $1,328,672,661,090 would equal $25,250,366 for EACH of those babies.

At the close of business on Jan. 20, 2009, the day Obama was inaugurated, the total debt of the federal government was $10,626,877,048,913.08, according to the U.S. Treasury. At the close of business on Jan. 16, 2014, the latest day reported, the total debt of the federal government was $17,270,240,354,364.86.

The $6,643,363,305,451.78 that the federal debt has increased during Obama's first five years equals approximately $1,608,304 for each of the 4,130,665 babies that the National Center for Health Statistics says were born in the United States in 2009. It also equals approximately $321,661 per year over the last five years for each of the babies born in 2009.

Add this to the equation: Forty-one percent of those babies born in 2009, or 1,693,658 of them were born to unwed mothers, according to the National Center for Health Statistics.

The $6,643,363,305,451.78 that the federal debt has increased during Obama's first five years also equals approximately $57,762 for every one of the 115,013,000 households the Census Bureau now estimates there are in the country. It also equals an average of about $11,552 per year per household.

Pope Francis calls for your 'prayer and action'...

---


'Help give every student and teacher Free resources for a world-class moral Catholic education'


Copyright 2017 - Distributed by THE CALIFORNIA NETWORK

Pope Francis Prayer Intentions for SEPTEMBER 2017
Parishes.
That our parishes, animated by a missionary spirit, may be places where faith is communicated and charity is seen.


Comments


More Business & Economics

Is now the time to sell? Experts say Wall Street is on a bubble, here's why Watch

Image of Stocks appear to be on a bubble according to many experts.

Is now the time to sell on Wall Street? Stocks are on a bubble, according to multiple analysis and expert opinions. Fundamental market ... continue reading


Forget Winter, Recession is Coming Watch

Image of Major indicators reveal recession is coming.

The economy is about to go into recession according to several Wall Street firms. They are warning investors to prepare for an end to the ... continue reading


Get ready for self checkout everywhere: 3.5 million retail cashiers are about to be replaced by automation Watch

Image of Retail cashiers often loathe self checkout stands. However, both cashiers and self checkout stands are facing replacement as new technologies threaten to eliminate the checkout process.

Automation is coming soon to a store near you as retailers look for ways to cut costs and improve profits. The best way to accomplish this ... continue reading


'Budgets are moral documents'

Image of

The highly relevant quote, "Budgets are moral documents," has been arguably attributed to Rev. Martin Luther King, Jr. But if he didn't ... continue reading


Central bankers warn of looming global recession Watch

Image of A recession could be lurking around the corner and central banks have been asked to take note, especially in Asia.

A group of central bankers has warned that a great recession, possibly larger than the 2007-2008 recession is looming on a global scale. ... continue reading


Never Miss any Updates!

Stay up to date with the latest news, information, and special offers.

Catholic Online Logo

Copyright 2017 Catholic Online. All materials contained on this site, whether written, audible or visual are the exclusive property of Catholic Online and are protected under U.S. and International copyright laws, © Copyright 2017 Catholic Online. Any unauthorized use, without prior written consent of Catholic Online is strictly forbidden and prohibited.