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Politics : Mainstream Politics and Economics

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To: koan who wrote (48671)7/14/2013 3:26:15 PM
From: Bearcatbob4 Recommendations  Read Replies (3) of 85487
 
Many conservatives were very irate with Bush's deficits. I might add that the Bush deficits are now what Obama fans say are at a good level.

The major difference is that the total debt was still at a manageable level. Now it is not - the credit card has been maxed out. If interest rates rise to normal levels - it all spirals out of control.

www.google.com/imgres?imgurl=http://www.american.com/graphics/2009/Chart_9-24-09.gif&imgrefurl=http://www.american.com/archive/2009/september/making-bush-look-like-a-piker&h=396&w=613&sz=17&tbnid=QuAZ4WdLjmCzKM:&tbnh=90&tbnw=139&zoom=1&usg=__5dxy9cpLzYseunD6qv1BxAiSXWQ=&docid=aZHlLKCkpyCKOM&sa=X&ei=qfriUZavKaT7ygHE4oGQCw&ved=0CDgQ9QEwAw&dur=460

As usual - facts are the true enemy of leftist propaganda.
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