Originally Posted by Melvin.George
When I listen to the Republicans on Fox News criticize the fiscal condition of the country...the enormous debt and then hear them drop right out to wanting to continue the Bush tax cuts instead of allowing them to expire...the way the original law states I almost vomit. The tax cuts of Bush, his daddy and Ronald Reagan are why the debt is there in the first place:
Total Historical U S Debt(1950-2009)
09/30/2009 $11,909,829,003,511.75
(80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)
09/30/2008 $10,024,724,896,912.49(Times Square Debt Clock Modified To Accomodate Tens of Trillions)
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(Second Bush Tax Cuts Enacted Using Reconciliation To Block Democratic Filibuster)
09/30/2002 $6,228,235,965,597.16
09/30/2001 $5,807,463,412,200.06(First Bush Tax Cuts Enacted Using Reconciliation To Block Democratic Filibuster)
09/30/2000 $5,674,178,209,886.86(Administration And Congress Arguing About How To Use Surplus)
09/30/1999 $5,656,270,901,615.43(First Surplus Generated...On Track To Pay Off Debt By 2012)
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(Debt Quadrupled By Reagan/Bush41)
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(Total Debt Passes $1 Trillion)
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
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