doodle
05-02-2011, 03:51 PM
If OBL's goal was to bankrupt US, he certainly had some help in moving US in that direction:
http://seattletimes.nwsource.com/html/nationworld/2014933352_usdebt02.html
These figures are way off though:
Where the $$ went
According to the study, Bush administration policies have cost the Treasury more than $7 trillion, while the Obama administration has added $1.7 trillion in new debt. The major factors:
Policy Cost
Tax revenue $6.3 trillion
War costs $1.3 trillion
Stimulus $719 billion
Medicare drug plan $272 billion
Bank bailouts $16 billion
Source: Congressional Budget Office
http://seattletimes.nwsource.com/html/nationworld/2014933352_usdebt02.html
These figures are way off though:
Where the $$ went
According to the study, Bush administration policies have cost the Treasury more than $7 trillion, while the Obama administration has added $1.7 trillion in new debt. The major factors:
Policy Cost
Tax revenue $6.3 trillion
War costs $1.3 trillion
Stimulus $719 billion
Medicare drug plan $272 billion
Bank bailouts $16 billion
Source: Congressional Budget Office