Thinkprogress:
The Swamp reports Thursday that “on the last day of September, the national debt hit $10 trillion plus,” as the “gross national debt as a percentage of the gross domestic product has, under the Bush Administration, hit a 50-year high. The debt grew the fastest under supply-siders Ronald Reagan, George H.W. Bush, and George W. Bush:
The debt was $5.7 trillion when Bush took office; the bailout legislation passed by the Senate last night would raise the debt ceiling further to $11.315 trillion.
2 comments:
Abomination for the many "blunders"
I took the term blunders out of Palins Veeep debate, that how she described this administrations mess...blunders
It's called stealing in the Legal System. This 10 Trillion dollars will go up to about 13 or 14 Trillion before the final count comes in. Waste was done by the White House as they gave contractor billions for doing nothing. Then there's the pay offs, bribes and kick backs. Remember Iraq's safe green zone back was robbed of 200 billion dollars. The White House called for no investigation but said just put more money in that bank. Pictures of flat bed trucks loaded with US dollars were open to anyone and everyone with no accountiblity. Even the Iraq Judge investigating the stolen money was moved to the USA and given a good life with enough money to live off forever. Right now the enemy is being paid to stay low until after the election in hopes McCain wins. Many Law Makers of both Parties are on the take so it works and Americans will get the final bill.
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