"KLC Lewis" wrote in message
...

"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


Funny, but that seemed to be stated more clearly when I was writing it than
when I just read it. Oh well. click the link. Read the official government
figures. A pox upon ALL their houses.