In the wake of the Treasury Department's newly released summary of federal spending for 2012, it's now possible to detail just how profligate the Obama years have been. Here's the upshot: Under Obama, for every $7 we've had, we've spent nearly $11 (or, to be more exact, $10.95). That's like a family that makes $70,000 a year -- and is already knee-deep in debt -- blowing nearly $110,000 a year.To illustrate this a bit differently, for every Jackson ($20) we've had available to spend under Obama, we've also borrowed a Hamilton ($10) and a Washington ($1) and spent those too. The only thing is that, under Obama, we've (literally) spent the equivalent of 342 billion Jacksons, 342 billion Hamiltons, and 342 billion Washingtons -- borrowing all of the Hamiltons and Washingtons.