View Full Version : w has borrowed more money then all other presidents before him combined


mars13
11-08-05, 11:35 PM
http://www.cnsnews.com/ViewNation.asp?Page=\Nation\archive\200511/NAT20051104b.html

Clockwood
11-09-05, 12:29 AM
Factoring in inflation??

mars13
11-09-05, 02:01 AM
i dont know,but,either way hes the worst president ever.

may_wentee
11-09-05, 03:47 AM
i dont know,but,either way hes the worst president ever.

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

May_wentee :D

crazy151drinker
11-09-05, 04:41 PM
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 ;) Though we need to cut it back big time

mars13
11-09-05, 08:19 PM
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.