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Thursday 02 October 2008

Republicans Can't Manage Money

on 02 Oct : 19:45  Posted by Brassmask  Category: Misc  
This is the most telling chart I've ever seen about the national debt.

From ThinkProgress:

The Swamp reports today that “on the last day of September, the national debt hit $10 trillion plus,” as the “gross national debt as a percentage of the gross domestic product has, under the Bush Administration, hit a 50-year high. The debt grew the fastest under supply-siders Ronald Reagan, George H.W. Bush, and George W. Bush:

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The debt was $5.7 trillion when Bush took office; the bailout legislation passed by the Senate last night would raise the debt ceiling further to $11.315 trillion. The Wonk Room has more.

Damnit, people, they will drive us to ruin trying to make millionaires or billionaires of all their buddies.
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