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Freethought & Rationalism ArchiveThe archives are read only. |
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#1 |
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Join Date: Jun 2003
Location: North Hollywood, CA
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An important milestone passed yesterday that wasn�t reported by the Bush camp or the "liberal" media. The total national debt has increased one trillion dollars since the day he took office. Go to http://www.publicdebt.treas.gov/cgi-...w/opdpnhis.cgi and check for yourself. 5.7 tril to 6.7 tril in just 921 days.. And a lot of those early days were taken up with the Clinton Surplus.
Furthermore, the New Yorker (no link because it's not online) this week stated that unless two million jobs are generated by the end of next month, Bush will be the first president since Herbert Hoover (at the start of the Great Depression no less) to end his first term with fewer jobs than when he was sworn in. EDIT: oops, I meant per month until the end of his term, not next month. |
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#2 |
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Join Date: Mar 2003
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Arken, May I repost your post on another board?
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#3 | |
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Join Date: Jun 2003
Location: North Hollywood, CA
Posts: 6,303
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![]() Quote:
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#4 |
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Join Date: Dec 2001
Location: St Catharines, ON, Canada
Posts: 1,920
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I can't access the link - is anyone else getting an "Invalid Date" message?
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#5 |
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Join Date: Jun 2003
Location: North Hollywood, CA
Posts: 6,303
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Yeah. Doesn't seem to be working anymore. Try the last table on this page instead: http://www.publicdebt.treas.gov/opd/opdpdodt.htm
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#6 |
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Join Date: Dec 2001
Location: St Catharines, ON, Canada
Posts: 1,920
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Thanks - that link's legt.
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#7 |
Regular Member
Join Date: Mar 2003
Location: BC, Canada
Posts: 160
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That's nothing compared to his current pace. Since raising the debt ceiling at the end of May Bush has increased the debt by $335 billion. That is about $5 billion a day. Ouch!
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#8 |
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Join Date: Jun 2001
Location: Boulder, Colorado
Posts: 3,316
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And with rising deficit .. so does the interest and no1 from the administration wants to pay it off. Creditors want the US to pay the smallest payment possible and collect as much interest on their loans.
Similar to the credit card companies - none wants you to pay it off full amount the first payment. A creditor wants us to pay as much as we can in interest and as little as possible in principal. A nice cash cow for the ones that borrow money to the government. |
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#9 |
Banned
Join Date: Apr 2003
Location: Portugal
Posts: 249
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To top that up, the United States hasn�t payed its dues to the UN yet. The Aid that Bush promised to the poor countries, hasn�t been moved yet, and i doubt it even exists.
Bush promised so much, and to so many diferent orgs and countries, that it would take half of the GDP to pay it all! The US has the biggest debt to the UN, in the entire world. The contributions to pay the peacekeeping forces and aid organizations, haven�t been settled for years. This makes for quite a huge cherry on top of the US debt cake, doesn�t it? I�ll see if i can find that link for you unbelievers... ![]() EDIT: Found it! Click here... ...and here... ...or even here! |
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#10 | |
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Join Date: Dec 2002
Location: Gatorville, Florida
Posts: 4,334
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On THIS PAGE they allow you to extract the "to the penny" debt data for any range of dates in history. I entered January 20, 2001 (Bush's inaugeration day) and today (July 31, 2001) and was presented with this:
Quote:
== Bill |
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