Republican Convention National Debt Clock Irony
When democratic
president Bill Clinton left office.
The United States was on track to pay
off
our debt and have a 2.3 Trillion Dollar Surplus by 2011. While still
paying for Social Security, Medicare, Food Stamps for the needy...
What happened you ask? Six years of 100% republican control.
What happened you ask? Six years of 100% republican control.
U.S. National Debt Chart: 1776 to 2008
George W. Bush with the senate and the
congress controlled by a
republican super majority. Handed out almost 3 trillion dollars in tax
refunds that our country did not even have the money to pay for. Almost
all of it went to the top few percent. This is also exactly when
borrowing from China started going nuts. The republicans had to pay for
their tax gifts to the rich somehow. The republicans also screwed with
tax codes that made it more profitable for corporate America to
outsource to communist China, India and the like.