All of a sudden NOW the debt is important
Reagan was a spendaholic and so was Bush2. By percentage Reagan and Bush raised their starting debt the highest and Bush was clever enough not to include a lot of his in his budgets. They spent most of this money on government expansion like defense and for that purpose I guess debt is fine since the republican solution to Obama is Romney who still feels the need to spend trillions greasing the defense budget when millions are way more efficient at fighting terrorism. Bad math and history have a lot to do why we only talk about 600 million as being important Obama waste and why trillions of republican waste is the NEW ANSWER as we go " back to the future" with Romney another Bush thinking plutocrat. The truth is depressions dont fix themselves without governments and countries that are in trouble go to who they have to fix what they have. You can't compete on a WORLD economy without government investment when everyone else is doing it and kicking our ass. Then when you have a system that embraces vulture capitalism and then on top of that gives the super rich a free ride This is what your left with. A dumb argument about 600 million here or 500 million there with a goal of creating wealth and industry in the peace market vs 2 trillion in waste destroying things in the " war market " its as dumb an argument as there will ever be. But in the end if you are going to fund the military at 720 billion + more that the next 10 countries combined at the cost of R & D like 600 million and giving super profitable oil companies and corporate farms billions while the people who consume for our economy go broke as the super rich absorb all the money you will be left with the strongest most broke country in the world. We will have a boat load of ships and tanks and no people to protect. Im sure the super rich will move by then and start the process all over again to another group of suckers
