Why Did Bush Bankrupt this Country? ?

Question

wow I cant believe so many people dont know we have a 50 TRILLION DOLLAR DEFICIT-

IOUSA IN THEATERS NOW

Answer 1

Yawn...

Answer 2

He didn't. Do you even have a concept of what "bankrupt" is? No, I didn't think so.

Answer 3

It was actually a redistribution of wealth--the largest our country has ever seen.  His policies were designed to bankrupt and ruin the middle class by taking from them to give to the rich.  The Iraq war was the pinnacle of this policy.

The difference between rich and poor in this country has never been larger, and our democracy cannot thrive without a healthy middle class.

Answer 4

Which Country? Not the US... unless you believe libs.

Answer 5

Hey "Kid"  when you grow up and get an education, then come back here and ask a real question.  Until then stop repeating everything your idiot liberal public school teachers tell you.  

Answer 6

Bush's failed economic trickle-down policies were the start of the decline.  Even Bush's hero, Ronald Reagan, realized the boondoggle of that theory and eventually raised taxes.  Besides the tremendous slash of taxes to the wealthiest 1% of Americans, the trillions of dollars expended on Bush's fiasco in Iraq have undermined what remained.  If China were ever to call their loans, our country would remember the Great Depression as the "good ole days".

Answer 7

As it turns out, an economic depression is good for the richest of the rich.  They can wait it out and buy up everything again after it's over...cheap.

Answer 8

The President does not enact anything.  Your wonderful Congress and Senate have to pass legislation and funding bills to approve ALL changes in the budget.  It was YOUR legislators that passed all the pork barrel bills to fatten up their own special interests.  Change them, blame them.  While your at it, study up on the roles of government so you know whom to point your bony little liberal finger at.

Answer 9

These things happen.

Answer 10

Because personal vendettas don't come cheap people!

Answer 11

we are not......actually, even though we are in a down swing, historically we come out of it...

We are actually much better than the worst period of economic downturn...The Carter Years

don't remember the double digit inflation, 11% unemployment, 18% mortgage rates and gas rationing.......

Under Obama's plan the middle class will pay more taxes then the rich, once you add mack the Marriage Penalty, capital gain, estate etc....(those just don't effect the rich)

From the Democrat Tax plan:

Tax rates will rise substantially in each tax bracket, some by 450 basis points;

Low-income taxpayers will see the 10-percent tax bracket disappear, and they will have to pay taxes at the 15-percent rate;

Married taxpayers will see the marriage penalty return;

Taxpayers with children will lose 50 percent of their child tax credits;

Taxes on dividends will increase beginning on January 1, 2009;

Taxes on capital gains will increase, also beginning on January 1, 2009; and

Federal death taxes will come back to life in 2011, after fading down to nothing in 2010.

Answer 12

Wow.  Did we file Chapter 7, 11 or 13?

Seriously, learn something before you type random meaningless words into your computer.

Sorry but words mean something.  Bankruptcy is a word, it has a meaning, and you can't just use it any way you like.

Bankruptcy is the state of having debts that exceed your assets, and/or the inability to pay off your debts with your current income stream.

Guys who is the only entity on Earth that simply cannot go bankrupt?  A country.  That's right.  If you print your own money, you can never run out.  You can print too much and cause rampant inflation, and destroy your economy, but you cannot go bankrupt. PERIOD.

Even if you are correct that we have 50 trillion in debt, we can, in the matter of a few days, print up $50,000,000,000,001.00 and be in the black.  See how that works?

Answer 13

Even if he did supposedly "bankrupt" this country, at least we know it was in an effort to ERADICATE TERRORISM!!!!!!!!!!!!

Answer 14

Our country has been strained and the reason is because of his vision to expand democracy in the world and to fight terrorism.  This has cost us deeply in resources and human lives.  However, someone had to stand up and say terrorism has to be fought.  Being in my mid-forties now I can remember through the years of there being terrorist attacks from groups who had no country and no one stepped up to fight back in a strong way.  They were hard to fight though because they had no country base.  If we just continued to sit back and do nothing one day we would be the losers.

Answer 15

WHY? that's your question that's it you know the answer!!!!!

Answer 16

He had no choice in the matter ,His Republican predecessor had so firmly ingrained into the collective heads of Americans that raising taxes to pay for things is always a bad idea [it's not] that when it came time to finance his war he had no choice but to borrow money from the Chinese rather than  raise taxes or sell war bonds to pay for it

Answer 17

A trillion in debt to the Chinese and the Japanese?  Yea, we're in debt big time.  How did we get there?  Well, we paid a whole bunch of money to go to war with Iraq on trumped up charges and used Halliburton to do a lot of the work.  Halliburton charges 100 times as much for the same work as the US soldiers do and even had the guts to bill the US government millions for food and supplies never delivered.  Another Cheney scam.  [Oh yea, he is on their board of directors, too.]

Answer 18

because hes a puppet and  the collapse of the economy is wanted by Bush's puppet masters so they can come in and take even more control.

Answer 19

No it all started in 1913 when the thugs put the USA in the federal reserve

Answer 20

Moron  

Answer 21

To pay for an oil war.

Answer 22

bush has not been good for america in my conservative opinion. however obama would be a disaster beyond any imagination.