George W Bush served two full terms as the 43rd President of the United States, so we know he can't officially be "brought back." However, we can still want it. Do you miss him yet?
Sunday, July 24, 2011
Will The US Default On $14.5 Trillion Debt?
The US Federal Budget Deficit is nearly $1.4 trillion and climbing. The US Debt Clock lays out the numbers. The debt ceiling aside for a moment, if your were President Obama or Speaker Boehner, what would you cut to balance the budget? How would George W Bush do it? How about the $212 billion in interest payments for starters? The United States' largest creditor is China. Is is wise to owe the Chinese government over $585 billion? Why should America have to borrow money from any foreign government?
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