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Friday, November 19, 2004

$800 Billion. I'd like some of that... :(

So, yesterday the debt limit for the US was raised by another $800 Billion. That's a lot of green. I was looking at a chart showing the debt of the US from 1985 to last year. It was interesting to see that in the entire 8 years that Clinton was in office, the debt rose roughly $1.5 Trillion, and in the first 4 years of Bush rule, the debt rose around $3 Trillion. So, in half the time, Bush sunk the US in debt twice as much. And now, because the republicans run all branches of government now, they've increased their limit (they were close to the limit already) so they can be in debt even further.... all the while providing tax cuts at a time when the US dollar is quite weak. Do they really think that going further in debt and reducing taxes will revive the economy? What, does Russia look like the country you wish you could be or something?!? I'd love to be able to make some nice off-the-cuff comments on Bush here, but it's not just him... It's EVERYONE!

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