Tag Archives: national debt

How was the Revolutionary War paid for? Related articles US Inflation Since 1775

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The Fiscal Cliff Explained

This is by far the best illustration I’ve seen of the current budget crisis: (H/t David Voth) Related articles Shameful: Senate fiscal cliff deal raises deficit $4 trillion over 10 years… Fiscal-Cliff Kabuki Nears Final Scene CBO: Senate Fiscal Cliff … Continue reading

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Unpatriotic Debt

On July 3, 2008, Barack Obama criticized George W. Bush for the national debt, saying that it was unpatriotic to owe so much money to China: It is true that in eight years Bush added $4 trillion to the national … Continue reading

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National Debt Has Now Increased More Under Obama Than Under Bush

Why would I post this graph and excerpt from Mark Knoller of CBS showing that the federal debt has grown more in Obama’s three years and two months of office than it did in Bush’s eight years? Three reasons: It’s … Continue reading

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