Friday, July 15, 2011

Obama Walks Out Of Tense Debt Ceiling Meeting: Reports


You have basically made my point for me. Thank you. Let's do some simple math here. Reagan 8 years, Bush sr. 4 years, Clinton 8 years, Bush jr. 8 years. That adds up to 336 months and at the point of the great O's coronation the national debt was 10.6 trillion. (total standing debt since the inception of the country) Let's say that all that debt arose since Reagan. Our total debt stands at 14.46 trillion now that means that under O'bama our debt has increased some 35% in 18 months and this has been accomplish­ed without any real growth in our economy.

As for crashing the economy you can spread that crap arround your libby freinds as well. During the Bush 2 Presidency the White house tried to reign in and re-regulat­e the residentia­l lending debaucle. created by a home for everybody programs, and the demmy congress and senate refused to do anything about it. The plummet of our economy would not have occured if the housing bubble had not of existed.
Read the Article at HuffingtonPost

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