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RE: Today in History : USA national debt hits a staggering $1 trillion
Yes it took him a term to turn around Bushs debt increase trend. Btw got a lot out of this post, just commented on the most interesting chart for me - the rest wasn't new for me. Still very nice to read your post ;)
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yeah i hear a lot of politicians claim that they "inherited" the debt but in reality all presidents only inherit around 8 months of a previous president's stuff. I think what we are looking at now (and will continue to see) is that a trend started in the early 80's that forever changes the landscape of the presidency in the United States.... One of excessive spending to keep the masses happy with very little regard paid to the future consequences of said actions.
So true!
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