The “Blue Dog Coalition” made a press release claiming that W’s administration has “borrowed more money from foreign governments and banks than the previous 42 U.S. presidents combined.”
Throughout the first 224 years (1776-2000) of our nation’s history, 42 U.S. presidents borrowed a combined $1.01 trillion from foreign governments and financial institutions according to the U.S. Treasury Department. In the past four years alone (2001-2005), the Bush Administration has borrowed a staggering $1.05 trillion.
As The J-Walk Blog notes, at least [W will] be remembered for something.“ If only it was just this…
