PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: Peter O'Brien who wrote (454557)	9/8/2003 2:21:07 PM
From: Kevin Rose	Read Replies (1) of 769670

The issue is not the size of the debt, but the percentage of the budget that goes to paying interest. In 1945, it was around 12%. In 2003, it will be between 22% and 25%. If the 'Bush trend' continues, and he is given another term, it will approach 30%. We're talking $500+ BILLION PER YEAR in interest. That's $150 BILLION per year more than when W took office. Much worse than when FDR was President (and he had the twin burden of the Depression and World War). If Bush were a CEO, he'd be fired and sued for fiduciary misconduct.

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