Current Events — HabitableZone

Current Events » in reply to What planet are you from?

Bush is the Mastercard preznit........

According to the Congressional Budget Office he has blown a surplus inherited from the Clinton administration and turned it into the biggest budget deficit in history.

To make it more personal so even the true believers can understand, American citizens have a collective liability of $ 473,456.00 per person to pass on to our children and grand children.

The economy of the US has been kept afloat by increasing M1---printing money like mad, to keep interest rates low and using selective measures to report a low inflation rate. The American consumer has responded by mortaging their houses and erasing their equity (savings) position.

The personal debt of Americans per household is now $ 84,454.00

Bush has no plan to pay off this debt and presently China and Japan own about 40% of America's debt. Let us hope they don't want their money back any time soon.

Spend yourself rich dude---it's the Republican way.

Publius

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