Our Staggering Debt

Below is the link to an article about how the National Debt Clock has run out of room to keep tabs on our debt. Keep in mind, when Bush took office, the country was running a surplus; that is, the debt was actually decreasing. That fact was accomplished by both President Clinton AND the Republican led Congress. Both deserve credit...ahh, that might not be a good word for this blog. If remember right, Bush took office when the National Debt was about 5.5 trillion, and it is now about 10.5 trillion. Ever fearful of raising taxes on the wealthy, he not only let things ride, he has insisted on keeping the current tax cuts for the rich and adding in more cuts for them to boot. Further, if my recollection is right, as part of the recent bailout bill, the debt limit was raised to more than 11 trillion.*** With the 700 billion dollar bailout just passed and signed into law, we'll easily hit that limit in the not too distant future before Bush even leaves office. This man is so far in over his head!!! Whoever wins the presidency in a few weeks is likely to be destroyed in office, mainly a result of what Bush has done to this country. The man is so out of it, that when he sits on the toilet, he uses the Charmin to wipe his face!



http://www.msnbc.msn.com/id/27150961/