Another look at my countries debt
The National Debt has not gone down (from year to year) since the end of the Dwight Eisenhower administration. That was 1960, the year I started High School.
World War I increased the Debt by $25 Billion.
The Great Depression increased the Debt by $33 Billion
World War II increased the Debt by $222 Billion.
The Clinton "peace time" years increased the Debt by $1,200 Billion.
The Bush years? we know they will be the most expensive 8 years ever for the taxpayers. Even if we subtract what the war on terror is costing the taxpayers, the 8 Bush years will be the most expensive ever, and the ones with their hands out are screaming...."that ain't enough" we deserve more, we're entitled to more........
"It's the entitlements stupid!"
World War I increased the Debt by $25 Billion.
The Great Depression increased the Debt by $33 Billion
World War II increased the Debt by $222 Billion.
The Clinton "peace time" years increased the Debt by $1,200 Billion.
The Bush years? we know they will be the most expensive 8 years ever for the taxpayers. Even if we subtract what the war on terror is costing the taxpayers, the 8 Bush years will be the most expensive ever, and the ones with their hands out are screaming...."that ain't enough" we deserve more, we're entitled to more........
"It's the entitlements stupid!"
posted by web_loafer at 2:41 PM
2 Comments:
Actually, the national debt disappeared under Clinton. We had a surplus during his term.
vjack,
We did increase our debt during Clinton's years. Though, the last few years saw a yearly surplus, where the debt did actually go down a bit. But overall, the debt increased.
Our country wants and wants and wants, but just doesn't want to pay for what we want. We need more fiscal discipline on all levels.
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