OK inode, I am going to tell you where the debt comes from, and make it real simple for you, and you should check me out, and if I am wrong you can tell the thread, and if I am right a decent person would admit it!
In 2,000 because Clinton had raised taxes we were running a surplus, and it was estimated we would be out of debt in just 12 years.
Little Bush came in, and said: "I don't think the government should have so much money, so I am making tax cuts, and I am making them for the rich because they pay the most"
And he did, plus he started two wars and did not pay for either, but borrowed trillions to fight them.
So during his eight years the budget deficit ballooned!
And that is where our debt mostly comes from.
Can you understand that? |
