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Something to ponder as George W. Bush pushes to make his tax cuts permanent:
According to the Treasury Department, the forty-two presidents who held office between 1789 and 2000 borrowed a combined total of $1.01 trillion from foreign governments and financial institutions. But between 2001 and 2005 alone, the Bush White House borrowed $1.05 trillion, more than all of the previous presidencies combined.
More here.
Thursday, April 20, 2006
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3 comments:
Reagan and George W. Bush: the two most fiscally reckless presidents in U.S. history. And yet, the GOP continues to claim it's the party of fiscal responsibility (and the media continues to let them get away with it).
Nice to see Rolling Stone running a decent article for a change, instead of trying to flog as many copies of their rag as possible by seeing just how much cleavage they can fit into their cover photo. Rolling Stone sold out a long time ago, so it was quite a surprise to see an article of substance instead of another vapid cover story on Paris Hilton or Mariah Carey.
If "Rolling Stone" is trying to be hip and relevant again, they've long since missed the boat. If I want edgy left-field writing, there's a lifetime's worth of free, stimulating reading on the Web.
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