Bush took office when the national debt was $5.7 trillion dollars. He will leave office with the national debt well over $11 trillion ($10.25 trillion today, plus $700 billion bailout, plus the continuing growth of the national debt as a result of a deficit over $400 billion/year. So George Bush added well over $5 trillion to our national debt (that is $15,000 for every human being in the United States).
Contrast to the market crash. Over the past year, the stock market's 5,000 biggest U.S. companies lost $8.3 trillion in value. Doing the math, that means the remaining value of those 5,000 companies is about $11.5 trillion.
So basically, this country would need to sell all 5,000 of its biggest companies to pay off its debt (obviously, it can't really do that since it doesn't actually own those companies). Remember that the debt was shrinking steadily under Bill Clinton. It has now doubled under Bush.
We LITERALLY can't afford four more years of out of control Republican giveaways to the rich. We can't afford four more years of Bush/McCain policies. Frankly, we can barely afford four more months of it. But thanks to our democracy, we can finally turn that corner, four months from now.
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