Quote:
Originally Posted by nickycakes
How can you say the current administration isn't to blame for this and then quote national debt figures in the same post?
|
The bush administration most definitely is to blame for a lot of the the debt... Just as much as another Presidency during modern history.
Under Bush Sr, the national debt rose from 2.5 Trillion to 4 Trillion. A 150% increase.
Under Clinton, the national debt rose from 4 Trillion to 6 Trillion. A 150% increase.
Under Bush Jr, the national debt rose from 6 Trillion to 9.5% trillion. A 158% increase.
My point is, politics aside, it doesn't matter who's in the white house.
Both Obama and McCain's economic plans call for an overall increase in the national deficit over 10 years of approximately 4 Trillion Dollars each - economists put that number at closer to $7 Trillion realistically.
This is not a partisan issue.