Bush Borrowed More Than All Previous Presidents Combined
`President Bush and the current administration have borrowed more money from foreign governments and banks than the previous 42 presidents combined, a group of conservative to moderate Democrats said Friday.
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According to the Treasury Department, from 1776-2000, the first 224 years of U.S. history, 42 U.S. presidents borrowed a combined $1.01 trillion from foreign governments and financial institutions, but in the past four years alone, the Bush administration borrowed $1.05 trillion. [..]
“No American political leadership has ever willfully and deliberately mortgaged our country to foreign interests in the manner we have witnessed over the past four years,” said Tanner. “If this recklessness is not stopped, I truly believe our economic freedom as American citizens is in great jeopardy.”‘
I should write a script that automatically adds “I’m glad I don’t live there” line to the end of the post whenever the post references America.
Anyways, I _am_ glad I don’t live there. 🙂
