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From the time when George Washington was sworn into office on March 4, 1789 as the first U.S. President under the U.S. Constitution through February 25, 2008 when George W. Bush was 11 months away from concluding his term in office as the 43rd U.S. President, it took nearly 219 years for the U.S. government’s total public debt outstanding to grow by $9.32 trillion.
As the 44th U.S. President, Barack Obama achieved that feat in just 8 years, from January 20, 2009 through January 20, 2017.
With that kind of record-setting precedent, what might Donald Trump, the 45th President of the United States, achieve during his tenure in office?
Speaking of which, here is Investor’s Business Daily‘s editorial on what could be President Obama’s parting gift to the Trump administration.