[MLUG - DISCUSSION] [POLITICS] national debt

[Mike Miller <EMAIL:PROTECTED>]

http://www.brillig.com/debt_clock/

Each American's share of our national debt is $28,872.45, or $115,489.80 
for the average family of four.

It took us 230 years to get there, sort of, but GW Bush and his Republican 
cronies managed to heap about $2.7 trillion onto the debt in only 5 years 
from 9/28/2001 to 9/29/2006.  That's a 46.5% increase in the national debt 
in only 5 years!!!  These are official government numbers:

http://www.publicdebt.treas.gov/opd/opdpenny.htm

09/29/2006        $8,506,973,899,215.23
09/30/2005        $7,932,709,661,723.50
09/30/2004        $7,379,052,696,330.32
09/30/2003        $6,783,231,062,743.62
09/30/2002        $6,228,235,965,597.16
09/28/2001        $5,807,463,412,200.06

So that means that 5 years of Bush and friends increased the debt by about 
a third.  Most of the rest came from Reagan and papa Bush.  The $2.7 
trillion is more than the total debt when Carter left office.  In other 
words, GW Bush and the Republicans in the Congress added more to the debt 
in 5 years than had been added in the 205 years from the Declaration of 
Independence to the first year of Reagan's administration.

In only 5 short years GW Bush and the Republican Congress have saddled the 
average American family of four with about $36,000 of debt.  It is fun to 
spend money you don't have.  For how long can we keep doing this?

Mike

_______________________________________________
discussion mailing list
EMAIL:PROTECTED
http://mlug.missouri.edu/mailman/listinfo/discussion