Whose Debt Is It?
Those who blame the Obama administration for the current deficit should acquaint themselves with a few facts.
After eight years of the Clinton/Gore administration, the national economy was at a trillion-dollar surplus, and we were a lending nation. After eight years of the Bush/Cheney administration, the economy was at an $8.7 trillion deficit, and we had become a borrowing nation.
The GOP and its tea party supporters have a plan to substantially cut spending. At the top of their list are Social Security and Medicare. Since I qualify for both benefits, it kinda gives me a warm feeling all over to know that I will be helping to reduce the national debt.
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