Liberalism: Do You Agree We've Had Enough of It? Message Board

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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: RetiredNow who wrote (55516)	11/15/2008 5:23:23 PM
From: lorne	2 Recommendations of 224748

...."I've noticed none of you deny that Bush that Republicans are responsible for increasing our national debt from $4 trillion to $10 trillion. Do you think that might have something to do with the state our economy is in, when 20% of our national budget now goes to interest payments?"..... IMO. Each dollar in circulation represents debt for something or to someone and affects the debt. The world economy is IMO based on debt and credit. I have no idea how to calculate how previous debt affects present or future debt...I mean with inflation and interests compiling on past debts...if this does occur. So do you believe that Bush is somehow responsible for the entire world financial problems? For instance how is Bush responsible for say a country like Pakistan? How is Bush responsible for your retirement?

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