YBDumb wrote on 06/20/2010 11:05:37 AM:
"The U.S. national debt grew significantly from 2001 to 2008, both in dollars terms and relative to the size of the economy (GDP), due to a combination of tax cuts and wars in both Afghanistan and Iraq. Budgeted spending under President Bush averaged 19.9% of GDP, similar to his predecessor President Bill Clinton, although tax receipts were lower at 17.9% versus 19.1%."
Cutting taxes,borrowing, debt.
Somethings are so silly they are real.
Read more: http://www.theolympian.com/2010/06/20/1278352/letters-to-the-editor-for-june.html?mi_pluck_action=comment_submitted&qwxq=3794141#Comments_Container#ixzz0rPy5k2aH
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