by Cliff Carson

What we as American taxpayers have suffered financially since Bush assumed office is 165% of what the debt was for the previous 200 years of the United States.  When Bush took office the debt was $20 Trillion.  It is now $53 Trillion.

In a report, "2007 Financial Report of the U. S. Government", released to the Public on the 17th of December 2007, David M. Walker, the Comptroller General of the United States and Head of the GAO, released a statement concerning the Long Term Accrued Debt of the United States.  You can find this statement on Page 162 of the 182-page report.

Specifically he states that as of September 30, 2007 the Long Term Accrued debt of the United States Government had grown to $53 Trillion dollars.  When George Bush came into office the Long Term Debt stood at $20 Trillion. 

This debt currently amounts to about $175,000 for every person alive in the United States.  So, that means your long term debt has increased about $109,000 since Bush came into office.  That figures to about $18,160 for each year he has been in office.  And if you are a parent with two children, you and your wife are now obligated to an accrued debt of approximately $700,000 dollars.  You have just three choices:

1) Force this Government into Fiscal responsibility
2) Try to figure some way to increase your taxes enough for the $700,000 to be paid during your lifetime
3) Defer payment to your children and their children to pay

The problem is that if you don't do 1) or 2) your children's debt will continue to grow.

This vicious cycle needs to be brought to an end.  What do you propose to do about it?