To all the naysayers on this issue, would you please recall what then Pres. Bush was saying about the economy a short ten months ago? Had he acted in a responsible way then, none of this would have come to pass.
Does anybody recall November 2004 ?:
"
President Bush signed legislation on Friday raising the government's debt limit by $800 billion and clearing the way for Congress to send him an overdue $388 billion spending bill to finance most federal agencies.
The new federal borrowing cap is $8.18 trillion; that's 70 percent the size of the entire U.S. economy, and more than $2.4 trillion higher than the debt Mr. Bush inherited upon taking office in 2001."
