Thursday, October 18, 2007

National Debt Exploding under Bush (pushing $10 TRILLION!)

Duration: 03:12 minutes
Upload Time: 2006-07-15 17:24:31
User: BI30
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Description:

The Republican addiction to tax cuts is going to mortgage this country into bankruptcy. Less than zero just six years ago, President Bush and the Republicans' policies have pushed the exploding deficit into overdrive, threatening the very future of our nation. Visit the BI30 Blog: blog.bi30.org

Comments

VictorLaszloLives ::: Favorites
Deficit spending is a tax on the future. It's interesting that the national debt ballooned out of control during the Reagan-Bush Senior years, declined under Clinton, and now it's ballooning again under G.W. Bush. What happened to the financial responsibility of the Republicans that it now takes Democrats to bring the debt under control? The next time a Republican says "no new taxes", ask them about the national debt. Our children will be paying for decades.
07-10-07 19:38:03
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t0nt01982 ::: Favorites
Zero. mmhmm
07-09-07 17:52:57
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BI30 ::: Favorites
The year before, it was ZERO. But who's counting?
07-09-07 17:45:25
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t0nt01982 ::: Favorites
the Congressional Budget Office" expects the 2007 deficit to total $158 billion--a $90 billion decline from the deficit recorded for 2006. Nevertheless, the budget outlook for the long term remains daunting, primarily because of rising costs for health care."
07-09-07 16:21:04
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t0nt01982 ::: Favorites
obviously noone does research on where our deficit is at. it has already aired in the media that our deficit is at its lowest in 4 years. its down to where it was in 2001.
07-09-07 16:12:38
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emmadddk ::: Favorites
so you are referring to hyper-inflation as the possible outcome. oh guys, the chinese and japs are friendly ppl okay, be nice to them and invite them over for lunch or dinner sometime...:D
07-07-08 21:34:20
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BI30 ::: Favorites
Yes, it is REALLY that bad. Actually, it's *worse*. Imagine the ripple effect if we default on a 9 TRILLION DOLLAR loan? And "can a country really go bankrupt?" Ask the Germans after WWII, when the Deutschmark became worth less than toilet paper.
07-07-08 20:54:09
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emmadddk ::: Favorites
is it really that bad?? so what if the US government were to go bankrupt and can the government really go bankrupt??
07-07-08 02:26:28
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neothomist1275 ::: Favorites
Type "Howdy Doody Looking Nimrod" into your YouTube search window to hear a great anti-deficit rant from Rep. Berry of Arkansas.
07-07-05 10:49:12
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BI30 ::: Favorites
I wouldn't have posted it if I weren't concerned. :)
07-06-10 11:24:55
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