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Try to understand this, as George W was leaving office the debt was 10.6 trillion which, Obama said was "unpatriotic". The national debt will ironically pass the 16 trillion dollar mark the week of Sept. 3rd, during the democratic national convention. If Obama does get elected to a 2nd term the debt will top 20.3 trillion by 2016. Now, we borrow .40 cents of every dollar we spend. And, just as in the case of the overextended, but hopeful would be individual borrower, when one's debt to earning ratio exceeds his ability to repay the loan he is turned down. China et-al will turn us down at a point not so far down the road. But, rather than face reality, all the dems want to do is slam George W for his economic shortfalls and blame him for the mess we're in (see your bolded) Here are the bare bones facts on the matter. When George W left office the US debt to earning ratio was .45 cents worth of debt for every dollar we took in, in taxes. That ratio is now .73 cents worth of debt for every tax dollar. This according to Charles Krauthammer. Is there any remote possibility he may have just a tad bit more insight than you on the subject? Which is worse in your mind, 45 cents per dollar, or 73 a scant 4 years later? I'd love to see us back where we were 4 years ago, we'd owe 6 tillion less and our debt to earnings would fairly shine like the noon day sun.

now alot of the debt in 2009 was bush's it was his budget
if we could go back in time 2001 was when bush took office
i believe it was a little over 5 trillon and the yearly budget we had
a surplus
but 1980 would probally be the best time when reagan took office
the overall deficit was 250 or 300 billon and i can rember regan
giving carter hell for so much debt when regan left i think it was
3 trillon