The Republicans amnesia from the Bush years is near-total. Or, maybe they're all just liars.
Gathered from another Netizen:
96% of debt comes directly from Republicans and Signed into law by Bush:
National Debt Increased by 75% under Bush:
2001 - $5.871 trillion
2008 - $10.640 trillion
National Debt Increased 25% Under Obama:
Jan 31st 2009 = $10.569-Trillion
Jan 31st 2011 = $14.131-Trillion
But of the $3.56-trillion increase, 98% was carry over from Bush programs:
Bush: $910-billion = Interest on Debt 2009/2011
Bush: $360-billion = Iraq War Spending 2009/2011
Bush: $319-billion = TARP/Bailout Balance from 2008 (as of May 2010)
Bush: $419-billion = Bush Recession Caused Drop in taxes
Bush: $190-billion = Bush Medicare Drug Program 2009/2011
Bush: $211-billion = Bush Meicare Part-D 2009/2011
Bush: $771-billion = Bush Tax Cuts 2009/2011
SubTotal 2009-2011l: $3.181-trillion
Bush's Combined contributions:
2001 to 2008: $4.769-trillion
2009 to 2011: $3.181-trillion
Total: $7.950-trillion
Increase Since 2001 = $14.131 - $5.871 = $8.26-Trillion
Bush's contribution: $7.950-trillion / $8.26-Trillion = 96%
Obama only contribution: $580-billion = Stimulus Spending (as of Dec 2010).
Increase caused By Bush's Programs: 96%
Increase caused by Obama's Programs: 4%
Never pass up a chance to sit down or relieve yourself.
-old Apache saying
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