w has borrowed more money then all other presidents before him combined

Discussion in 'Politics' started by mars13, Nov 9, 2005.

  1. mars13 give me liberty Registered Senior Member

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  3. Clockwood You Forgot Poland Registered Senior Member

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    Factoring in inflation??
     
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  5. mars13 give me liberty Registered Senior Member

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    i dont know,but,either way hes the worst president ever.
     
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  7. may_wentee Registered Senior Member

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    I'm sure history will agree with you on that one.

    May_wentee

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  8. crazy151drinker Registered Senior Member

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    Mars- well in reality you are wrong. During WWII they borrowed a far greater amount of money.
    But hey, if you dont like bush more power to you.

    Debt for 1945 (thank you WWII): $2.5 Trillion
    GDP for 1945 $1.474 Trillion

    Today Debt:$8 Trillion (ouch)
    GDP for 2004 $10.980 Trillion

    So if you look at it that way we are doing better

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    Though we need to cut it back big time
     
  9. mars13 give me liberty Registered Senior Member

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    ww2 pulled us completly out of the depresion and led to the biggest
    boom for any economy in any nation in all of recorded history.

    not to mention we had the first surplus in us history in 2000,now we have the largest debt in us history.[not adjusted for inflation]

    thats a huge turn around.
     

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