financeguy
ONE love, blood, life
Apart from the lunatic neo-con fringe, which fortunately is now largely ignored, most sane sensible people now realise that Bush II, as a fiscal conservative, is a complete failure and a complete sham.
Having said that, I found this graph a bit surprising:-
U.S. National Debt Graph
Any idiot knows that Bush II increased the US national debt - but it appears that Reagan and Bush sr had an even WORSE record than Bush II in increasing the debt.
And bear in mind, also, that this graph is based on debt as a % of GDP. You wouldn't want to see a graph of US national debt expressed in nominal terms, it's truly shocking.
(And people say Ron Paul is an extremist for advocating a return to the gold standard and ditching fiat money, which is necessarily, ALWAYS, inflationary, by its very nature. But I digress.)
Having said that, I found this graph a bit surprising:-
U.S. National Debt Graph
Any idiot knows that Bush II increased the US national debt - but it appears that Reagan and Bush sr had an even WORSE record than Bush II in increasing the debt.
And bear in mind, also, that this graph is based on debt as a % of GDP. You wouldn't want to see a graph of US national debt expressed in nominal terms, it's truly shocking.
(And people say Ron Paul is an extremist for advocating a return to the gold standard and ditching fiat money, which is necessarily, ALWAYS, inflationary, by its very nature. But I digress.)