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Politics : Is Secession Doable? -- Ignore unavailable to you. Want to Upgrade?

To: silsbee who wrote (1277)	11/16/2004 3:48:08 PM
From: combjelly	Read Replies (1) \| Respond to of 1968

"Historical Debt Outstanding - Annual" Ok, lets look at that table. When Reagan took office in 1980, the debt was at $930 billion. When he left office in 1988 it was at $2.6 trillion, or almost tripling over those 8 years. The 4 years of Bush41 saw the debt packing on another $1.4 trillion, expanding at a faster rate than under Reagan. Under 8 years of Clinton, the debt had risen by another $1.7 trillion, but the rate of increase had decreased considerably. In his last year the debt increased only $18 million, one of the lowest amounts since the 1950s in percentage of overall debt and inflation adjusted dollars. So far Bush43 has racked up an additional $2 trillion and there is no sign of the increase slowing down. At the rate he is going, we should easily double the debt by the end of his term, perhaps even triple it.