Originally Posted by
seafeye
Your short term memory is failing you.
Bill Clinton left with a balanced budget. George Bush doubled the national debt and military spending was up to almost $800 billion. 1/2 of the worlds total.
If you rack up $100,000 in credit card debt then pass it on to your kids, it grows to $125,000. Is it really your kids fault?
1. Credit card debt dies with the debtor, but is chargeable to the estate.
2. National debt $9.99 trillion 2008, and projected $20 trillion 2016.
3. Public debt $5.8 trillion 2008 projected $14.7 trillion 2016.
Blame that on Bush if it makes you sleep better. IMHO they are both embarrassing fiscal managers.