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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: michael97123 who wrote (211898)1/6/2007 2:03:39 PM
From: mistermj  Read Replies (2) | Respond to of 281500
 
Bush used debt to stimulate the economy after the twin shocks of the Clinton market crash and 9/11.

Smart move...as evidenced by record revenues and the stunning economic growth in our economy.

Economic growth is what lowers the debt now and in the future.

On the other hand...Bush did allow massive spending on his watch that there really is no excuse for.

All in all, it could have been better. But its not doom and gloom either.