it has been said that GWB has ruined social security and we arent goign to be able to pay the seniors in years to come. the truth is, that if the governement no matter who is in charge, doesn't change social security we wont be able to pay for the baby boomers by 2041 because more people will be eligable then ever before. Now before you dispute that GWB hasn't ruined social security, lets look at the facts
social security trust fund data fact: the trust fund has not paid out more than it has collected, and it has increased on average more than any other year / president.
now lets talk about the deficit.
everyone says GWB blew a 5.2 trillion dollar surplus. How much was the surplus you say? 5.2 trillion dollars if you listen to the DNC ads.
FACT: they are wrong. the surplus was never more than 236.4 billion dollars.
FACT: we are in a war, regardless how we got there the congress passed the legislature and the supplement, dont like it start another thread.
FACT the country was attacked, we lost jobs and gross revenues.
FACT here is the report for yoursef
US Budget data 1963 - present Im just tire of all the spin. oh by the way, lets look at the percentager of deficit compared to the GNP. its less than it was in 1943. fo rthose who don't understand, the percentage of the Gross National Product is a determining factor on the countries ability to repay the debt. the fact that the debt isn't a larger percentage than previous debts means we have a better capability to pay it back than we have had in previous years. All the info is there.
PLEASE read the info before making uneducated comments.