The National Debt will be $$$11,000,000,000,000.00 at the current rate

[opihimoimoi]

Bush is a cut tax and spend money like a drunk kinda guy. It don't make any sense. Our Dollar has lost 27% of its power overseas since he took office. No wonder things cost more.

THis Prez, who doan read for shit....doan know what the hell he doing guys. His only experience prior to the Presidency is losing money... it showed wherever he went, including Texas. Ann Richards left that place solvent and Bush cut the Taxes and ran the place into the RED.

No wonder they color their states RED.

They just luv all that RED INK.... they keep making it more RED.

[Festivito]

1. Not until the end of 2010 by my calculations.

You offered no link. So, I went to my xcell spreadsheet taken from debttothepenny.com.

Using Bush owned debt figures:
09/29/2004 $7,351,891,818,581.47
09/25/2002 $6,201,863,128,192.67

A linear projection yields:
12/31/2010 $11,003,370,939,754.30

That'll be over $40,000 per American.
Remember, Bush sent Americans a check for $600 or $300 dollars! Please ignore the fact that his great administration only borrowed just about $2000 per American to do that, calling his grand effort a tax cut. By the way, he/they/we borrowed that two-thousand dollars per American each of his four years. Each of his four years.

Just think of the difference as money your children are giving to Halliburton and Carlye. With interest -- of course. Don't forget to add, yes, add, interest.

[opihimoimoi]

2. Please take into account the cost of the Soc Sec REDO, about 2 trill

and thus 2008 2009 we will hit 11 trill$$$

This is an enormous debt load, enough to put America seriously at risk with the banking systems of the world. Bush has found a way to make his friends very rich and happy at our expense never mind our future children and theirs too.

A Pox on him....

[Festivito]

3. Depending on when it would become effective. nt.

2T$ ago, Clinton said it would take 15T$ to pay the debt. Unknown is how much bond info was shredded days before Clinton took over from Bush I. Also unknown is exactly how much Reagan took out of funded programs sending it to the military -- and when it will come due.

What SCARES me, is the interest payment. If interest rates go up while we owe 12T$, we'll be paying nothing but interest, and possibly what we owe to SS. And, the RepubliCONs will still be blaming Clinton.

[opihimoimoi]

4. Very scarey indeed... so how come Conservatives who are known to watch

their pocket books,,,are allowing this shit to happen....?

Baffling if not worrisome...

[Festivito]

6. They are cowed to see it as percent of GDP.

They cling to this RW operative fed statistic like it was a rope thrown to them as the flood waters begin to cover their front lawn.

They believe the media would attack any discrepancy, since the media, they believe with all their hearts, is left-wing. They are so wrong.

[jojo54]

5. The bitch of it is.....

.....the tax cuts, which the (already) richest 27% got to split over 60% of, could have been paid into SS. Either this SS deficit is a huge farce (I think), or Bush is trying to cover his tracks 'cause he's already dipped into it big time.