Via Liberaltopia, The New Radicals:
“Republicans and conservatives are no longer the fiscally conservative party they once were.”:
1789-1981 985 billion in cumulative debt
2004 – 985 billion in debt in one year alone.
Of course that statistic doesn’t cover the whole picture, leaving out details for the years 1982-2003. For example, how did the national debt fare under Clinton?
Clinton stopped the bleeding in just three years and then dropped the debt from 67% to 57% in his last five years.