Our country destroyed by GOP borrow and spend policies under Bush

Since August 1, 2008, our government has borrowed over a trillion dollars. Most of that has been spent on the Wall Street bailout. Yet, the bailout isn't done with spending.

I'll be watching to see how much more pours out of the treasury to prop up the final days of the Bush Administration.

On the subject of Bush and his free spending on Wall Street, he's spent half a trillion dollars on just paying the annual interest on the debt.

The exact amount for this fiscal year is $451,154,049,950.63.

What would the house payment be on $10.5 trillion over thirty years?

We would need a house payment of $63,397,000,000 per month. That's $760 billion a year.

That's about half (44%) of the annual budget under Clinton, $1.8 trillion (2000).

Source

Now Bush planned to spend $3.10 trillion this year. That was before the $700 billion Wall Street bailout. Before the off the budget spending in Iraq and Afghanistan. Before the trillion spent between August 1st of this year and November 3rd.

But, the GOP runs the government like a business. Into bankruptcy.

Remains to be seen if we'll ever escape our debt. But, we know who the GOP will be blaming, starting tomorrow night.