Bush's Deficit May Doom America »

Posted By populist 9 months, 3 weeks ago in Political News

The financial catastrophe being left behind by George W. Bush is moving the United States from its old status as one of history’s great republics into a new reality as a “banana republic,” or perhaps a “banana empire.”

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  • 33%
    4thchance9 months, 3 weeks ago

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    here we go, after Obama becomes president, no matter what when or where anything goes wrong, the dems will be blaming Bush for the next 300 years. This is how they plan to let Obama off the hook for anything that goes wrong during Obama's watch. That's pure BS. The SITTING president takes responsibility for all that goes wrong. Democrats 2000-2008 famous words. "It happened under Bush's watch!"

    So now those words we become
    "It happened under Obama's watch!" It's Obama's turn!

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  • 100%
    fiftynine9 months, 3 weeks ago

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    "That's pure BS. The SITTING president takes responsibility for all that goes wrong. Democrats 2000-2008 famous words. "It happened under Bush's watch!"
    It did happen under bushboys watch...NOT Obamas,in case you haven't noticed Obama hasn't taken over yet and the right is chomping at the bit to start blaming him,in some cases they already have.
    No one with half a brain can deny the damage that bush and his buddys have done to this country.Damage that will long outlast Obama and his administration.
    I don't believe the right understands,or cares,where this moron has put our country.If you on the right,or the left for that matter,expect Obama to walk into office and magically fix everything that bushboy has destroyed or broken in four years then you will be sadly disappointed.My wish is that at best we can turn around the failed policys that have got uds to this point and start making progress in the right direction.
    God i can't wait to see that miserable sob and his gang leave Washington.

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    albionperfides9 months, 3 weeks ago

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    4thchance
    Remember Harry Truman? "The buck stops here" We in the UK were very impressed by the politician who was willing to take "total" responsibility. Few since then have. Do you agree?

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  • 17%
    Commodore19 months, 3 weeks ago

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    Of course the average nazi liberal is too stupid to understand that most of those crooks on Wall Street created this mess. Liberals only understand two words, "Blame Bush". They are not intelligent for anything beyond two words.

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  • Neutral
    willottica9 months, 3 weeks ago

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    After an inflammatory headline like "Bush's deficit could doom America" I felt compelled to come in here and argue that the deficit is no more Bush's than it is Clinton's than it is Bush I's than it is Reagan's.

    The US has been deficit spending for decades. There has been very little let up, and it Congress and the Senate are complicit in this overspending. Not to mention the fact that every new government has to include in its budget payment for the excess of previous governments.

    Obama's deficit could doom America! Is it his fault? Nope. Could he make the deficit smaller? Probably. Would it be the right thing to do? Who knows?

    The same can be said of Bush. All we can say about these deficits is based on the wiseness of particular aspects of spending. Losing billions of dollars in Iraq (I don't mean spending it, I mean the PALLETS of COLD HARD CASH that went MISSING) was clearly not a good use for American Dollars (even if they claim it was Iraqi money). Billions have been wasted in the War on Drugs, but that's not Bush's brainchild.

    At most, Bush's deficits could be the straw that broke the camel's back. But America's debt load was larger than it should have been long before Bush came into office.

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  • Neutral
    Bucotch9 months, 3 weeks ago

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    Brainwashed? Wow your gone. Read this.

    http://query.nytimes.com/gst/fullpage.html?res=9E0...

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    • Neutral
      Bucotch9 months, 3 weeks ago

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      Some people need a reminder or actual lesson in history.

      http://boards.history.com/topic/Current-Events/5-Y...

      Try this and go from there.

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    • Neutral
      uytryugjhg8 months, 2 weeks ago

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      The national debt peaked during WWII and had been declining from about 100 per of GDP to about 25 percent of GDP. Reagan reversed the trend.
      The national debt was under 2 trillion. Reagan added 2 trillion
      while he was in office. Bush1 and Clinton added another 2 trillion.
      Bush2 added 3 trillion to the national debt in his first 6 years
      in office. He added a trillion dollars to the national debt faster
      than any other president. The countries debt will now end up being
      just about where it was after WWII. Most of this Debt was added
      during Reagan and Bush2. The country will have probably another
      6 trillion dollars of debt thanks to Bush plus major economic problems.
      It took 50 years to reduce the debt before.

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