Friday, July 4, 2008 | 2:01 a.m.
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Today, under George W. Bush, our national debt is $9.4 trillion. Here is the debt each president since Carter handed to the next when leaving office:
Carter: $700 billion. Reagan: $3.1 trillion. George H.W. Bush: $4.2 trillion. Bill Clinton: $5.5 trillion. And George W. Bush, so far: $9.4 trillion. Somebody please explain to me why Republicans continue to call Democrats “tax and spend liberals”?
A much-respected Republican by the name of Barry Goldwater once said it is best to pay as you go rather than put your expenses on a credit card.
Who are the “pay as you go” people and who are the “spend and put it on the credit card” people?
The answer is quite obvious.
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