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Politics : PRESIDENT GEORGE W. BUSH

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To: longnshort who wrote (754838)11/22/2006 6:23:30 PM
From: pompsander  Read Replies (2) of 769667
 
Shorty, here is a comment from the very same website your quoted earlier. Note the ratios....And remember, its the debt, not just the deficit...unless you don't intend to pay the debt back????

mjperry.blogspot.com

OK, so that's the good news. Here's the bad news: We are somewhere between 8 and 9 Trillion dollars in debt!

Here's some other numbers about the federal debt over 30 years as a percentage change of federal debt/Gross Domestic Product (GDP) from when each President entered office and when he left office:

Carter -8.01%
Reagan + 49.74%
GHW Bush +27.52%
Clinton -8.33%
GW Bush (2000-2004) +9.83%
GW Bush (2004-2006 est.) +5.97%
(Source: Historical Tables, Budget of the United States Fiscal Year 2006 (pages 118-119) whitehouse.gov
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