The Mudcat Café TM
Thread #100755   Message #2029078
Posted By: Dickey
18-Apr-07 - 01:28 PM
Thread Name: The guy is a terrorist. Go grab his ass
Subject: RE: The guy is a terrorist. Go grab his ass
"Bush spent enough to get the USA about 7 TRILLION dollars in debt"

That would be true IF the national debt was $0 when Bush took office and if he nad not inherited the 2001 spending budget of the Clinton dministration or the recession that began in 2000.

That 7 trillion started out from zero in 1835. Since then the value of a dollar has decreased, the population has increased and the gross national product has increased.

http://bohnsack.com/images/2005_debt_vs_gdp_small.jpg

Other countries have the same problem