Liability
Locked Account.
Why is it that my instinctive 77 year old "sniffer" smells racism written all over that?
George W. Bush took over a balanced annual budget with surpluses projected all the way to the outyears. He cut taxes twice with over half going to the wealthiest of taxpayers...then for the first time in our history began to borrow from Communist Chinese banks to fund it, started two wars...one totally unnecessary then proceeded to double the national debt from $5.7 to over $11 trillion and wreck the economy. Is your memory that short?
Possibly because your 77 year old brain is senile and encrusted with years of the plaque of your preconceived but baseless notions. Thus you "smell" whatever you choose to believe, regardless of the fact that it's neither present nor a rational inference of anything that is present.
I didn't just smell this. Check this from the bureau of the national debt...any date:
Total U S Debt
09/30/2009 $11,909,829,003,511.75(80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)
09/30/2008 $10,024,724,896,912.49(Times Square Debt Clock Modified To Accomodate Tens of Trillions)
09/30/2007 $9,007,653,372,262.48
09/30/2006 $8,506,973,899,215.23
09/30/2005 $7,932,709,661,723.50
09/30/2004 $7,379,052,696,330.32
09/30/2003 $6,783,231,062,743.62(Second Bush Tax Cuts Enacted Using Reconciliation)
09/30/2002 $6,228,235,965,597.16
09/30/2001 $5,807,463,412,200.06(First Bush Tax Cuts Enacted Using Reconciliation)
09/30/2000 $5,674,178,209,886.86(Administration And Congress Arguing About How To Use Surplus)
09/30/1999 $5,656,270,901,615.43(First Surplus Generated...On Track To Pay Off Debt By 2012)
09/30/1998 $5,526,193,008,897.62
09/30/1997 $5,413,146,011,397.34
09/30/1996 $5,224,810,939,135.73
09/29/1995 $4,973,982,900,709.39
09/30/1994 $4,692,749,910,013.32
09/30/1993 $4,411,488,883,139.38(Debt Quadrupled By Reagan/Bush41)
09/30/1992 $4,064,620,655,521.66
09/30/1991 $3,665,303,351,697.03
09/28/1990 $3,233,313,451,777.25
09/29/1989 $2,857,430,960,187.32
09/30/1988 $2,602,337,712,041.16
09/30/1987 $2,350,276,890,953.00
09/30/1986 $2,125,302,616,658.42
09/30/1985 $1,823,103,000,000.00
09/30/1984 $1,572,266,000,000.00
09/30/1983 $1,377,210,000,000.00
09/30/1982 $1,142,034,000,000.00(Total Debt Passes $1 Trillion)
09/30/1981 $997,855,000,000.00
09/30/1980 $907,701,000,000.00
09/30/1979 $826,519,000,000.00
09/30/1978 $771,544,000,000.00
09/30/1977 $698,840,000,000.00
06/30/1976 $620,433,000,000.00
06/30/1975 $533,189,000,000.00
06/30/1974 $475,059,815,731.55
06/30/1973 $458,141,605,312.09
06/30/1972 $427,260,460,940.50
06/30/1971 $398,129,744,455.54
06/30/1970 $370,918,706,949.93
06/30/1969 $353,720,253,841.41
06/30/1968 $347,578,406,425.88
06/30/1967 $326,220,937,794.54
06/30/1966 $319,907,087,795.48
06/30/1965 $317,273,898,983.64
06/30/1964 $311,712,899,257.30
06/30/1963 $305,859,632,996.41
06/30/1962 $298,200,822,720.87
06/30/1961 $288,970,938,610.05
06/30/1960 $286,330,760,848.37
06/30/1959 $284,705,907,078.22
06/30/1958 $276,343,217,745.81
06/30/1957 $270,527,171,896.43
06/30/1956 $272,750,813,649.32
06/30/1955 $274,374,222,802.62
06/30/1954 $271,259,599,108.46
06/30/1953 $266,071,061,638.57
06/30/1952 $259,105,178,785.43
06/29/1951 $255,221,976,814.93
06/30/1950 $257,357,352,351.04
Holy shit. You have realized that we have a massive debt problem?
Well THAT sure justifies your <<sniff sniff> detection of "racism."