Quote:
Originally Posted by zimmy
Your 4.4 trillion for Bush is lower than I have seen.
Anyway... from readily available numbers
Bush- 4.8 tr
Obama 4.9tr
4.9/48= 1.02 or 102% or
4.8/4.9= 0.98 x 100 =98%
Not sure where your 4.4 came from, but there seems to be variability depending on the source.. When Bush took office it was 5.78 tr. When he left it was 10.626. That is +4.84. I clearly said "at this point. " Debt will continue to rise, but where it is at the end of Obama's second term depends on so many variables it wasn't part of my math. On top of that, some of Obamas debt is the result of war started by Bush, but I didn't try to tease that out either. Anyway, that is the math. Not made up at all.
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"Not made up at all"
I posted a link to my numbers, you didn't. Let's assume your numbers are corrcet, OK? Maybe they're not made up. But you're sure comparing apples and oranges...
(1) Bush was president for 8 years, Obama for 3. NO ONE denies that the debt is still going up significantly for 2012. Tough to compare debt added in 8 years to debt added in 3. By the time Obama is done, no one is denying he'll add more to the debt than any president in history.
(2) A HUGE portion of Bush's debt was the (in my opinion necessary) response to 09/11. The USA built a HUGE anti-terror infrastructure. Obama hasn't been faced with a life-or-death situation that required a massive expenditure like that. His spending has been, largely, to fund liberal pet projects (giving big $$ to labor unions, green companies, etc).
As I have said, Bush also spent a fortune in Africa, saving 1.2 million lives (money well spent). But Obama gets the Nobel Peace Prize, and Bush gets called a racist.