Sunday, January 20, 2008

The Catastrophe of Republican Fiscal "Management"

From the inimitable bonddad:

The Federal Debt began to explode under Ronald Reagan and George Bush the Elder. Notice how it leveled off in the 1990s under a DEMOCRATIC president. And then notice the apocalyptic turn it has taken under the Boy King, George the Tragic.

Three conservative presidents. SEVENTY PER CENT of all the national debt in our history. A staggering burden for our children and grandchildren. Welcome to the legacy of the modern Republican Party.

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