I wanted to take a moment to write to you about the national debt. I hear constantly from Democrats and liberals that President Obama has barely increased the debt we have now and that most of it was accumulated by President Bush. However, such a statement is patently false.
When Bill Clinton took office our national debt was $4.1 trillion. When he left office the national debt was $5.7 trillion, a $1.6 trillion increase. When George Bush left office our national debt was roughly $10.626 trillion dollars; Bush added just under $4.9 trillion to it. So together they added about $6.5 trillion (rounded up) over the course of 16 years. ... continue reading »