REPOSTED: First posted in January. Reposted in response to Joe's op-ed in the Pensacola New Journal, Can't keep spending money we don't have.Sometimes a picture is worth a thousand words. In this case it is an animated editorial cartoon. See Washington Post, What Was That About Burdening Kids?
On the day Bush took office, the National Debt stood at $5,727.776.738,304.64. That's about $5.7 trillion dollars if you take away $27+ billion. Now, as Bush prepares to leave office the national debt is over $10 trillion. Here is a nice graph showing the national debt as a percent of gross domestic product:
And Republi-cons would have you believe that they are the fiscal conservatives!!