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George Bush Has Borrowed More Than All The Past Presidents, Combined

By: Daniel Chubb | August 17, 2007 | 2 Comments

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Bush
has done it again. I would hate to see this president’s credit rating because it seriously cannot be good. George Bush has indeed borrowed more money from foreign countries, than every single one of the forty two past presidents put together, which is pretty impressive.

The Treasury Department stated: “from 1776-2000, the first 224 years of U.S. history, 42 U.S. presidents were loaned a combined $1.01 trillion from foreign governments and financial institutions, but in the past four years alone, the Bush administration borrowed $1.05 trillion”.

Don’t you think it’s time for Bush to step down and just back away from his mess? Let us know how you feel.

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  • Hector

    OMG! This is madness. Doesn’t anyone else feel that way?

  • Hector

    and a 2nd thought: Isn’t the same president who said that this country would go into insolvency because there was no Social Security reform. He KNEW there was already a problem with the ledger of this country!! Madness!