| I was going to let the day pass without comment, and let all the GOPers agitatin' go the way of Code Pink ... into irrelevancy.
But seriously, they're protesting the outrageous spending of the Obama Administration because it means that our grandchildren will be paying off our debts. How convenient their short memories are ... they've already forgotten what the Bush Administration did over the last 8 years.
Let's take a look at the amount of public debt the U.S. Government has taken on over the last 8 fiscal years, courtesy of the Bureau of Public Debt: (hat tip to bonddad)
| Date |
$$ of Public Debt |
| 9/30/2008 |
$10,024,724,896.912.49 |
| 9/30/2007 |
$9,007,653,372,262.48 |
| 9-30/2006 |
$8,506,973,899,215.23 |
| 9/30/2005 |
$7,932,709,661,723.50 |
| 9/30/2004 |
$7,379,052,696,330.32 |
| 9/30/2003 |
$6,783,231,062,743.62 |
| 9/30/2002 |
$6,228,235,965,597.16 |
| 9/30/2001 |
$5,807,463,412,200.06 |
| 9/30/2000 |
$5,674,178,209,886.86 |
Bush started his first year in office with a little more than $5.7 trillion in public debt. He left office with the public debt over $10 trillion, and the wingnuts are NOW noticing?
As bonddad states in his diary over at Kos, they are not protesting the spending ... they're protesting the fact that a Democratic Administration is doing the spending. |
