The 8 years I refer to is our national debt, which we (both parties) just added 700 billion to, that in the end may do nothing for the problem. 8 years ago we had zero debt.
You can't blame it all on the current admin, 911 was the spending button, but it sure seems Iraq was an unwarranted, now we can't leave nor can we afford to stay. It's costing a lot in many ways.
I'm not sure about where you live, but almost every city here is way over in debt. Where will we come up with the money to fix the failing bridges, schools, roads, fund police & fire, plus pay of a national debt we can't imagine the amount?
We will have to cut spending and or raise taxes. I don't see how we can just keep spending / borrowing ( from China & other countries ) and not pay anything back. We are going down the pipes because of our debt at every level. We just can't keep printing more money.
No one wants to pay the money back, but no one wants to start laying off police, fire and sanitation workers (like they started doing in Chicago) !!
Can we hire the TV lawyer Peter Francis Juracey to file chapter 11 as a country?
We are going to hell in a hand basket pretty quick.
