DEBT CREATES MORE DEBT
if you dont have a job and no cash coming in.
President Clinton gave Dead Beat Bush the country's check book with a balance of $127 billion.
(Bush pushed through tax cuts totaling $1.85 trillion and raised government spending 23 percent in his first four years in office to $2.29 trillion.)
And Bush took it and spent it and then wrote checks for two wars and a Medicare prescription drug program that he did not have cash to cover. Then on top of that he gave jobs away to other countries and gave blank checks he did not have cash to cover to his bed buddies that did not repay the money. Then at the end of his 8 years of handling the countries check book he handed it over to Obama with $10.7 trillion in overdrawn checks and disappeared.
(When Obama took office, the debt stood at 10.7 trillion dollars. Its 14.3. trillion as we speak, and it has to go higher to keep the country from collapsing.)
If we had taken the check book away from Bush we would not be in debt today. What happens when you have a credit card and dont have a job, you keep asking for a higher credit limit and running the debt up even further. And what happen when you give a check book to someone who cannot balance a check book.
So Obama took the check book and tried to balance it by collecting the cash that Bush gave his bed buddies for bushs bed buddies and create jobs but the tea baggers blocked everything he tried to do to balance the countrys check book.
You cannot balance the countries check book by taking away food and air from the countys weakest citizens. You need hard cash.
if you dont have a job and no cash coming in.
President Clinton gave Dead Beat Bush the country's check book with a balance of $127 billion.
(Bush pushed through tax cuts totaling $1.85 trillion and raised government spending 23 percent in his first four years in office to $2.29 trillion.)
And Bush took it and spent it and then wrote checks for two wars and a Medicare prescription drug program that he did not have cash to cover. Then on top of that he gave jobs away to other countries and gave blank checks he did not have cash to cover to his bed buddies that did not repay the money. Then at the end of his 8 years of handling the countries check book he handed it over to Obama with $10.7 trillion in overdrawn checks and disappeared.
(When Obama took office, the debt stood at 10.7 trillion dollars. Its 14.3. trillion as we speak, and it has to go higher to keep the country from collapsing.)
If we had taken the check book away from Bush we would not be in debt today. What happens when you have a credit card and dont have a job, you keep asking for a higher credit limit and running the debt up even further. And what happen when you give a check book to someone who cannot balance a check book.
So Obama took the check book and tried to balance it by collecting the cash that Bush gave his bed buddies for bushs bed buddies and create jobs but the tea baggers blocked everything he tried to do to balance the countrys check book.
You cannot balance the countries check book by taking away food and air from the countys weakest citizens. You need hard cash.