PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: JDN who wrote (722073)	1/17/2006 6:20:37 PM
From: DuckTapeSunroof	Read Replies (1) of 769670

"realize how important President Bush is." Oh, I don't think there is much doubt that history will regard Bush the Second as a very important President! Just look at how many important things have changed: FISCAL LIBERAL: During the two terms of George W. Bush alone, the feds have borrowed more money from foreign governments and banks than was borrowed by all other American administrations put together, from 1776 to 2000. So too will more debt be added to the national burden in the eight Bush years than in the previous 224. According to the Bush-friendly Heritage Foundation, federal deficits are expected to rise to $1 trillion per year, by the year 2017, with a $16 trillion national debt, twice today's level. After that, deficits should grow to $2 trillion per year. Money, money, money...the Fed is also creating new money at the fastest pace in history. At the present rate, M3 is ballooning even more rapidly than the trade deficit.

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