Really I dont know if thats wrong or not. I could see something like 4.2 trillion spent and 2.5 tril earned Obama's first year and now we are something like 4 trillion spent and 2.6 tril earned. That quite possibly could be true, I certainly will not be looking it up. Because we all know, even if it is true, it is only temporary. There will be a big spike coming up as some of the Obama's policies go into affect. We KNOW that spending is about to greatly increase, Obama claims to be able to balance it with tax raise on the rich (and other things we dont know yet). That is why fact checkers say Obama's plan doesnt add up nor does Romney's. Not enough information from either where the money is going to come from to balance the spiked spending. No doubt about it, our debt has gone up incredibly. More in Obama's first 4 years than the entire 8 years under Bush.