Like Kaz said.....who cares what was used to justify it ?
GWB was an idiot....like you.
Well GW has a good heart. And he's a long way from being an idiot. He is not a perfect man, thus he was not a perfect President. The simple fact is that the powers that be, whoever that represents, want the US Bankrupted.
And that is done... the US is stone cold bankrupt, meaning that it now owes in debt, more than it can ever hope to sustain.
Do you have any concept of what bankrupt means?
We are not even close
Bankrupt: completely lacking in a particular quality; insolvency.
Insolvency: the state of being insolvent; inability to pay one's debts.
Presently the US Government is barely capable of paying the interest on the debt, which is services on an interest rate which amounts to roughly ZERO. Raise that by as much as 5% and the interest on the US debt will require the entire US Budget relevant to operating the US Government...
Now... where the US Government cannot pay its debt and operate... what do you suppose that concept represents?
Go ahead take a guess.
Now we are getting somewhere
Now to consider someone to be bankrupt, you have to consider assets and liabilities. Now, for liabilities we have $18 trillion in debt
Now, what assets does the US have?
Household wealth is over $60 trillion, we have a GDP of $16 trillion a year, we have the most expensive military in history, the government owns over one third the land in the US
How does that make us bankrupt?
Puhlease... the US Government doesn't have any assets. Take the unfunded liabilities and you could not pay that off if you sold off everything in the US at RETAIL... down to the last mailbox.
The US Government is DONE! There is no place else to go.
Understand, the Ideological Left has fully infected the US Culture. The US Federal "budget" is now well over 4 trillion dollars a year...not even half of which is used to operate the government; that budget represent 25% of US GDP, it has over 18 trillion in publicly held debt which is 101% of US GDP and unfunded liabilities of in excess of 100 trillion dollars.
Now that is just today... the Left by its nature must increase exponentially. The subjective nature of the left provides that it will never simply turn from its greed. It cannot do it, it is not possible for it TO DO IT... thus it is not reasonable to expect that they would.
Now, where it is not reasonable to expect the reason that the US is bankrupt to turn from their incessant need for even greater levels of debt, it is not reasonable to believe that a nation which is already bankrupt, has no means to avoid collapse.
And that is all there is to this scamp. Plain and simple.