Wednesday, July 30, 2008

Record Debt

Bush surprised us all with a $490b deficit for 2008, well above his projections. He tries to downplay it by stating that it is "only" 3.3% of GDP.

However, overall debt levels paint a more stark picture:

National Debt/GDP
1980: 32.59% (909.0/2789.5)
1992: 63.14% (4001.8/6337.7)
2000: 57.02% (5628.7/9871.2)
2008: 74.46% (10,573.5/14,201)*


*Tables B-1 and B-78 of the President's Economic Report for 2008, the June 2008 report of the President's Council of Economic Advisors.

Notice how the Reagan/Bush years turned a 33% debt into a 63% debt? It ticked down slightly under Clinton, but skyrocketed to where our debt is 3/4 of our output.

These figures don't include entitlements, which are going to bust our budgets very soon. Instead of helping us prepare for the Baby Boomer retirements, Bush has sold us down the river for a phony war and enrichment of the already rich.

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Thursday, July 03, 2008

Bush Surveys Damage He Has Wrought

I heard he's so upset that he pretended to give up golf!


Bush Tours America To Survey Damage Caused By His Disastrous Presidency

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Friday, May 16, 2008

Bin Laden: Alive and Free Despite Bush's Promise

Isn't this the guy that Bush promised to catch, "Dead or Alive" about 7 years ago? It seems like giving up golf just wasn't enough to keep his word. Bin Laden looks pretty likely to last longer than Bush's presidency.

Here's a hint for Bush:

Bin Laden was never in Iraq!

Bin Laden Thumbs Nose at US and Israel

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Sunday, April 06, 2008

Worst...President....EVER

Bush has stated multiple times that "history will vindicate" his presidency. For that to happen, he will have to wait for at least one new generation of historians.

A survey of his contemporary historians shows they are less than impressed with him. A full 98% chose "failure" when asked if his Presidency was a success or failure. When asked who was the worst president, 61% stated "Bush". In contrast, in 2004, only 12% rated him "worst ever".

“It would be difficult to identify a President who, facing major international and domestic crises, has failed in both as clearly as President Bush,” concluded one respondent. “His domestic policies,” another noted, “have had the cumulative effect of shoring up a semi-permanent aristocracy of capital that dwarfs the aristocracy of land against which the founding fathers rebelled; of encouraging a mindless retreat from science and rationalism; and of crippling the nation’s economic base.”

All in all, it maybe a long time before history books sing Bush's praises, unless the Texas Board of Education selects them all.

Worst President Ever

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