Tuesday, October 12, 2010

Republicans never noticed the debt during Bush years?

Here is some useful information from CBS News (September 29, 2008), while George W. Bush was still President:

With no fanfare and little notice, the national debt has grown by more than $4 trillion during George W. Bush's presidency.

It's the biggest increase under any president in U.S history.

On the day President Bush took office, the national debt stood at $5.727 trillion. The latest number from the Treasury Department shows the national debt now stands at more than $9.849 trillion. That's a 71.9 percent increase on Mr. Bush's watch....


The Republicans have just noticed the debt.  Where have they been?  Were they asleep during the Bush administration?

Note--- The date of that CBS story was 9/29/08, and Bush remained in office until the morning of January 20, 2009. On 1/20/09 when Barack Obama became the President, the debt was, according to the U.S. Treasury:

$ 10,626,877,048,913.08