EdwardBaiamonte
Platinum Member
- Nov 23, 2011
- 34,612
- 2,153
Of course federal revenues increased under Bush. The war in Iraq was outsourced where possible, and monies flowed from the government to the military industrial complex. Those companies paid taxes as did their workers. When the government goes on a spending spree, revenues rise accordingly and W went on the biggest spending spree in US history, all on borrowed money.
It's pretty easy to look prosperous when you go out shopping and pick up new furniture, a new car and some new outfits. But if it's all done on your American Express card, you're going to be in a world of hurt when the bill comes in. Bush and company left Washington with bags of cash before the bill came in.
But we all got those nifty $300 checks paid from the non-existent Clinton era surplus.
W went on the biggest spending spree in US history, all on borrowed money according to Dragon lady.