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Sunday, August 29, 2010

Who's Responsible for Our Debt Crisis? See the Graphic Evidence

Check out this graph. It shows how our national debt was DECREASING until Reagan took office. Then see what happens when Clinton took office.

People forget that when Bush took office he got a $200+ billion surplus from Clinton -like a nice car with $ in the bank. When Obama took office he got a $1.3 TRILLION Deficit (first day) and a locked up financial system -- like inheriting a smoking wreck and over $5 Trillion in new IOU's.
Since it's our only ship of state, do you think its an overnight fix without spending on repairs? How cheap was it to fix the damage from the Exxon Valdez or the BP spill?
Give the guy a break. He didn't create this mess but has the nasty job of fixing it.

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