I assume you realize that all that money borrowed from China was done under Bush?
Boy, we have people that could have cared less about Bush's out of control spending and Bush's 750 billion stimulus, now all of a sudden frantic. lol
Ok Matt I let you do the figuring.
Some of biggest expenases in GW term were 2 wars-911-katrina-and financial collapse near end.
Social programs (on going escalating social programs. 1 medicare drugs which I chastised numerous times here.
now add up O's social programs (non ending escalating expenses) in 1st 60 days and we'll compare. Fair enough.
Debt under GW was increase under 400 Billion (thats with a
B)in 8 years which included all the above mentioned adversities.
Would you like to guess how many Trillion (with a
T) O has out us in hole in 1st 60 days?
Then consider we had largest tax revenues in history under GW. You think any businesses are looking to expand with all the adverse conditions O will be putting on them--you think individuals aren't taking necessary steps to side step O's assault on the productive.
Show me one country that has prospered by penalizing the productive to compensate the non productive. The productive will always look for the most for more opportunistic environment--and the the unproductive will always be--non productive.
You think social programs are the answer?
--if so- why in the last decade when some elements have had more opportunity than any time in history have their unemployment-crime rates-illegimacy rates--etc --all gotten worse instead of better. :shrug:
