"Bill Kearney" wrote in message
t...
Actually there is a lot to be said for his comments. The ball is soon in
their court. They cannot just blame but now they have to act. They
inherit
a 4.4% unemployment rate, a record level stock market, low interest
rates,
low inflation, an overall great economy and no terrorist attacks on US
soil
since 9-11-01.

You conveniently omit the staggering debt that's been accrued during the
Republican looting of the treasury.


Not for nothing, but this Nation has always been in debt, and always will
be. Nevertheless, the overall growth of the National Debt has been spiraling
upward since 1890. Since 1890 there was a short period between 1919 (WWI)
and 1930 (on the heels of Black Friday) when the debt accrued during WWI was
actually being paid down. 1931 returned to the upward spiraling which has
been maintained ever since. In fact, the debt has increased every year since
1960. Between 1945 and 1960, the debt floated between 250 billion and 290
billion. The lowest the debt has ever been, in all US history, was 33,733.05
(less than 34 *thousand* dollars) in 1835. They quickly saw the error of
their ways, and by 1839 had run-up a debt in excess of 10 million dollars.

In short, this country has NEVER (for all intents and purposes) had a
fiscally-responsible Federal government, regardless WHO is holding the purse
strings.

Source: http://www.publicdebt.treas.gov/opd/opd.htm