Monday, July 25, 2011

The Federal Budget Deficit: How Did We Get Here?

Here's a useful chart that explains precisely how since Bill Clinton left office and a federal budget surplus we got to where our Nation is on the verge of default:



Some might say that former President George W. Bush and the Republican Congress that voted for unbridled spending, tax cuts and inflicted great economic disaster and pain on our Nation are to blame mostly. Some could say that, they would have facts, but facts are just facts.