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Quote by Barack Obama

“What we also have to recognize is that the deficit levels that I'm inheriting, over a trillion dollars, coming out of last year, that that is unsustainable. At a certain point, other countries stop buying our debt, at a certain point, we'd end up having to raise interest rates, and it would end up creating more economic chaos and potentially inflation.”

Quote by Barack Obama

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Barack Obama
Barack Obama

Barack Obama, born on August 4, 1961, served as the 44th President of the United States from 2009 to 2017. He is the first African American to hold the office. Obama's presidency was marked by significant achievements, including the Affordable Care Act and the normalization of relations with Cuba. He was awarded the Nobel Peace Prize in 2009. more

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