View Single Post
Old 04-06-2009, 11:17 AM   #21
EarnedStripes44
Registered User
 
Join Date: Jun 2007
Location: North Cambridge, MA
Posts: 1,358
Bush did inherit a nice surplus, even Greenspan worried we might pay the national debt off too soon. Bush then used that as an excuse to cut taxes, Greenspan co-signed. By the end of 2001 his then secretary of the treasury was asking congress to raise the debt ceiling. Its been runaway spending ever since.
EarnedStripes44 is offline