Quote:
Originally Posted by cobra bill
For almost 40 years we had stability in the country, and it was growing at a steady rate, then Reagan came along with his tax cuts and, it took so much away from the government, that he had to use social security funds to come closer to a balanced budget. That's when the tax burden was shifted to the middle class, and then when Bush gave us his tax cut, that was the last straw, the country could not handle it anymore, for 30 years the government let the infrastructure go, because there was no money to keep up with normal maintenance. Wages were stagnated for middle and lower class for 30 years and so there was no way to make up the gap in revenue, so here we are, after 40 years of republican fiscal lunacy, the country is broken the middle class is all but gone, and the rich are swimming in money, a great way to form a banana republic! When 1% control 50% of the nation's wealth, and have more money than the bottom 90% the gap is so severe, this is what has caused revolutions, and not the astro turf ginned up tea baggers,
I mean like the French revolution, if you study history, you will note that the gap between the haves, and the have not's, was right where we are today!
So maybe we should break out the guillotine and start offing the heads of the tyrants that put us here.
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Your opinion vs. the FACTS:
NATIONAL DEBT
*rounded to millions
09/30/2008,10,024,724,896,912.49
09/30/2007 9,007,653,372,262.48
09/30/2006 8,506,973,899,215.23
09/30/2005 7,932,709,661,723.50
09/30/2004 7,379,052,696,330.32
09/30/2003 6,783,231,062,743.62
09/30/2002 6,228,235,965,597.16
09/30/2001 5,807,463,412,200.06
09/30/2000 5,674,178,209,886.86
09/30/1999 5,656,270,901,615.43
09/30/1998 5,526,193,008,897.62
09/30/1997 5,413,146,011,397.34
09/30/1996 5,224,810,939,135.73
09/29/1995 4,973,982,900,709.39
09/30/1994 4,692,749,910,013.32
09/30/1993 4,411,488,883,139.38
09/30/1992 4,064,620,655,521.66
09/30/1991 3,665,303,351,697.03
09/28/1990 3,233,313,451,777.25
09/29/1989 2,857,430,960,187.32
09/30/1988 2,602,337,712,041.16
09/30/1987 2,350,276,890,953.00
09/30/1986 2,125,302,616,658.42
09/30/1985 * 1,823,103,000,000.00
09/30/1984 * 1,572,266,000,000.00
09/30/1983 * 1,377,210,000,000.00
09/30/1982 * 1,142,034,000,000.00
09/30/1981 * 997,855,000,000.00
09/30/1980 * 907,701,000,000.00
09/30/1979 * 826,519,000,000.00
09/30/1978 * 771,544,000,000.00
09/30/1977 * 698,840,000,000.00
06/30/1976 * 620,433,000,000.00
06/30/1975 * 533,189,000,000.00
06/30/1974 475,059,815,731.55
06/30/1973 458,141,605,312.09
06/30/1972 427,260,460,940.50
06/30/1971 398,129,744,455.54
06/30/1970 370,918,706,949.93
06/30/1969 353,720,253,841.41
06/30/1968 347,578,406,425.88
06/30/1967 326,220,937,794.54
06/30/1966 319,907,087,795.48
06/30/1965 317,273,898,983.64
06/30/1964 311,712,899,257.30
06/30/1963 305,859,632,996.41
06/30/1962 298,200,822,720.87
06/30/1961 288,970,938,610.05
06/30/1960 286,330,760,848.37
06/30/1959 284,705,907,078.22
06/30/1958 276,343,217,745.81
06/30/1957 270,527,171,896.43
06/30/1956 272,750,813,649.32
06/30/1955 274,374,222,802.62
06/30/1954 271,259,599,108.46
06/30/1953 266,071,061,638.57
06/30/1952 259,105,178,785.43
06/29/1951 255,221,976,814.93
06/30/1950 257,357,352,351.04
06/30/1949 252,770,359,860.33
06/30/1948 252,292,246,512.99
06/30/1947 258,286,383,108.67
06/28/1946 269,422,099,173.26
06/30/1945 258,682,187,409.93
06/30/1944 201,003,387,221.13
06/30/1943 136,696,090,329.90
06/30/1942 72,422,445,116.22
Both Dems and Repubs can take credit/blame for these numbers.