When will it stop … can it stop?? info
$8,251,355,000,000.00 (that‘s 8 1/4 TRILLION dollars)… this is the figure for the National Debt as of Feb 28, 2006. That means that every man, woman and child’s share now stands at $27, 674.00 and because of decisions reached by president Bush, the budget went from a surplus of
$5, 600, 000, 000.00 (5.6 TRILLION) to record high shortfalls in less than one term in office. The debt continues to climb as a direct result of policies put in place by the President and a House and Senate dominated by the Republicans.
Because some of these policies were written as ‘bound’ legislation, portions of the legislation will be enforced after Bush leaves the Whitehouse no matter how ill advised or how expensive. The ONLY hope is for the Presidency, the House and the Senate to all become Democratic and for legislation to be passed which will kill the initial legislation. Barring this action, the National Debt will continue to spiral completely out of control.
The War in Iraq, the War on Terrorism, the tax rebate legislation and a hundred other policies continue to spend the taxpayers money as though it were water from a bottomless well. This is the furthest thing from the truth … because of many reasons, the amount of money entering the coffers from income tax continue to fall while the cost for durable goods and energy costs continue to spiral upward. I CAN NOT think of any better indicator that Bush’s leadership has led us down the primrose path on a slippery slide to unimagined levels of debt. If it were you or I who ran up bills without any chance of paying them off, we would have had to declare bankruptcy long ago.
One of the results of his policies are higher medical costs, gas prices at the pump that are almost double what they were when Bush took office, over 2,000 of our young people dead because of Bush’s decision to invade Iraq, and a level of secrecy within the Whitehouse never observed before. To top all of this off, civil liberties are under attack because of legislation (Patriot Act) and fellow citizens are now subject to wire taps without benefit of a court order.
King George in all of his regal carriage, stands tall before the American people and states in stentorian splendor that Presidential rights trump the law of the land. He asserts that he already has power to order wire taps without having to get an order from a ‘secret’ court.
INCREASING DEBT, ILL ADVISED POLICIES, SPIRALLING COSTS, CONTINUING DEATHS OF OUR MILITARY, ADMINISTRATION STRIDENCY AND SECRECY ….. ALL OF THESE THINGS WILL BE USED TO WEIGH BUSH’S PRESIDENCY.
I DON’T BELIEVE BUSH WILL FARE VERY WELL WHEN THE SCALES OF HIS PRESIDENCY ARE VIEWED WITH THE HINDSIGHT OF HISTORY.
How about you - what is your perspective on this topic???
Last edited by Chief Bones; March 1st, 2006 at 06:44..