Here are some numbers from the U.S. Treasury Department:
09/2001 $5,807,463,412,200.06
09/2002 $6,228,235,965,597.16
09/2003 $6,783,231,062,743.62
09/2004 $7,379,052,696,330.32
09/2005 $7,932,709,661,723.50
09/2006 $8,506,973,899,215.23
09/2007 $9,016,288,006,279.21
That’s the total outstanding debt of the United States over the past six years. Note how it’s gone up more than 50% in that time… the causes are varied, but I think even Bush apologists would admit that the Iraq war, the War on Terror, the crumbling economy, and the poorly-planned tax changes have all contributed to this economic nightmare.
Who’s going to pay for all of this?