And to think Obama has spent more in less than two years than all presidents combined and you don't care.
http://www.americanthinker.com/2010/10/vindicated_the_truth_about_con.html Vindicated: The Truth about Conservative Economic Policies On Fri, Oct 1, 2010 at 2:36 PM, Maureen <mamamaur...@gmail.com> wrote: > > > http://www.socsec.org/publications.asp?pubid=540 > > ...The ability of the government to service its obligations to the > Social Security trust funds (that is, to future retirees) is > inseparable from its ability to service the entire national debt. The > question is not whether the Treasury will be able to repay the 22 > percent of the national debt that is owed to the Social Security trust > funds. The real question is whether the entire national debt, the sum > of all the borrowing from all lenders, is getting out of control. ... > > ...every Democratic president (Kennedy-Johnson, Carter, and Clinton) > left office with the ratio of national debt to income below where it > was at the beginning of his administration, while the last three > Republican administrations (Reagan, George H.W. Bush, and George W. > Bush) have presided over explosive growth of the national debt > relative to national income. Since 1960, Republican administrations > have added 38 percentage points to the national debt/GDP ratio, while > Democratic administrations have subtracted 23 percentage points from > that ratio.. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology-Michael-Dinowitz/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:328418 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
