The Mudcat Café TM
Thread #136420   Message #3235922
Posted By: GUEST,999
08-Oct-11 - 05:15 PM
Thread Name: BS: 2012 Presidential Election
Subject: RE: BS: 2012 Presidential Election
"That is because he is and "activist" and not an executive at all."


'In nominal dollars the net public debt rose and then fell between 1992 and 2000 from $3 trillion in 1992 to $3.4 trillion in 2000, in part due to the Dot-com bubble.[11] During the 1990s, debt held by the public rose to 50% and then was reduced to 39% by the end of the decade.

During the presidency of George W. Bush, the gross public debt increased from $5.7 trillion in January 2001 to $10.7 trillion by December 2008.[12] Under President Barack Obama, the debt increased from $10.7 trillion in 2008 to $14.2 trillion by February 2011.[13] Debt relative to GDP rose due to recessions and policy decisions in the early 21st century. From 2000 to 2008 debt held by the public rose from 35% to 40%, and to 62% by the end of fiscal year 2010.[14]'


The above is from an excellent article in Wikipedia. Looks like lots of Tweedledee and Tweedledum to this old boy. People will no doubt get sidetracked with arguments that Bush was worst than Obama, or vice versa. Just Lather, That's All. Fact is, the damned money is gone. And there don't seem to be too much difference between the two parties--or the two leaders for that matter. Bush was illiterate and unintelligible; Obama literate and well-spoken. But the bottom lines, those in the lower right-hand corners, tell a sorry and disgusting tale.

IMO. Y'either see it or you don't. Ain't really too much else to say.