Which brings us to . . .
THE DEBT
President Bush continues to exceed all expectations. Our 232 years of accumulated National Debt, I have been writing in this space for some years, "will have reached $10 trillion or so by the time President Bush leaves office – up from under one trillion when Ronald Reagan took office."*
Well, he hasn't left office yet, and he's already there – and with a quarter trillion to spare!
You go, Mr. President.
*Consider: 75% of all the debt our 43 presidents have racked up since 1776 was racked up by just three of them: Reagan, Bush, and Bush.
THE TRAGEDY
It didn't have to be this way.
It wasn't necessary to slash taxes on the rich – even a previous version of John McCain opposed doing that.
Nor was it necessary to oppose the kinds of regulation that could have kept unqualified buyers from getting loans (the less pumped the bubble, the less painful the bust).
And it surely wasn't necessary to invade
Here's what a 41-year-old Barack Obama told a crowd of
I know that even a successful war against
Clear thinking. A steady temperament. Don't forget to vote.
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