Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (56486)	11/26/2004 2:51:35 AM
From: Elroy Jetson	Read Replies (1) of 74559

You posted a poorly disguised lie as if it were somehow true. The U.S. Federal Debt has increased in size every single year since Bush has been President. It is now increasing at a rate without any precedent. The debt is now slightly smaller than when Clinton first became President, because Clinton reduced the debt during his tenure. So yes, Bush has nearly undone eight years of progress, over four years, but not quite. In spite of the current explosion of debt, he would like to fund some expensive new programs with additional debt, such as the debt funded private social security scheme. More debt is simply more debt. Hiding the increase in debt with a tissue paper lie just won't do. .

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