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| Republican controlled Congress put American in Debt During the first term of his presidency, in a period of less than 24 months, the Bush administration accrued more national debt than any other administration during the first 200 years of American independence…combined. Since his inauguration, KIng George has presided over the accumulation of over $3 trillion in debt, an increase of well over 60% in just 5 years. The US national debt is now (as of 05/02/2007) nearly $8.7 trillion. Not only is the incredible $2.9 trillion budget an exercise in political and fiscal fantasy which has massive ramifications for the economic wellbeing of US citizens today and into future generations, it also has ramifications for the fate of the world's global reserve currency, the US dollar, and the fate of the global economy. Eisenhower warned of the rise of a war corporatism and welfare and a permanent war economy. Unfortunately, his wise council has been forgotten by King George. King George and his government is the "biggest spending regime of all time. No government ever spent so much. No government ever increased spending so much. No government ever redistributed so much wealth – from the taxpayers to the defense contractors… from renters to home owners… from the middle classes to the financial classes… and (most importantly) from future generations to the folks living right here and right now." |
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| Jamwad too bad that most of the money is being spent in Iraq, which had nothing to do with 9/11 ! And Ronno, nice try to you, too bad that doesn't include the war in those figures.. Right wingers try and spin it again and they are once again WRONG ! |
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