Economy: The Next President is Already Screwed
Belief:
Atheism and Diversity: Is It Wrong For Atheists To Convert Believers?
Greta Christina
Corporate Accountability and WorkPlace:
Don't Fear the Deficit Bogeyman
John Miller
DrugReporter:
The War on Weed: Marijuana Is Basically Harmless -- The Monumentally Stupid Drug War Is Not
Jim Hightower
Environment:
White House Garden Won't Make Up for Obama's Nomination of Pesticide Lobbyist for US Chief Agriculture Negotiator
Jill Richardson
Food:
Don't Be Scared of Food: Are We Being Needlessly Hysterical About Food Safety?
David E. Gumpert
Health and Wellness:
47,000 Women Could Die As a Result of the New Mammogram Guidelines
George Lakoff
Immigration:
Republican Playbook on Immigration Debate Long on Emotions, Short on Facts
Mary Giovagnoli
Media and Technology:
The Memory Scrub About Why Ft. Hood Happened Is Almost Complete ... If It Weren't for Archives
Mark Ames
Movie Mix:
Disney Apocalypse: Why 2012 Sucks
Alexander Zaitchik
Politics:
White House's Ties to Health Care Industry Deeper Than Visitor Records Show
Daniela Perdomo
Reproductive Justice and Gender:
Why Can't We Look Away From Sarah Palin?
Vanessa Richmond
Rights and Liberties:
Whatever Happened to the CIA Black Sites?
David Corn
Sex and Relationships:
Hot Mormon Muffins and Models for Jesus: What's With All the Sexy Christians?
Liz Langley
Take Action:
G-20 Meetings: Nothing Much Happened in the Suites, and There Was Too Much Punch in the Streets
Laura Flanders
Water:
Poseidon's Financial Shell Game: Why Is a Private Desalination Plant Asking for Public Money?
Peter Gleick
World:
Is Obama Following in the Footsteps of Bill Clinton?
Jeff Cohen
Will Iraq go Down in History as the First Genocidal War of the 21st Century?
Democrats have high hopes for the 2008 election. And they should. Bush's policies have done an incredible amount of damage to the Republicans. It's doubtful they will recover anytime soon. But should a Democrat win, the fiscal mess left by Bush has already predetermined the next president's primary policy goal: to clean-up the mess Bush is leaving behind.
There are two inter-related data sets that illustrate this problem.
The first comes from the Treasury Department:
Total Debt Outstanding: $9,016,288,006,279.2109/30/2006 $8,506,973,899,215.2309/30/2005 $7,932,709,661,723.5009/30/2004 $7,379,052,696,330.3209/30/2003 $6,783,231,062,743.6209/30/2002 $6,228,235,965,597.1609/30/2001 $5,807,463,412,200.06

See more stories tagged with: economy, election08
Hale "Bonddad" Stewart is a former bond broker with several regional firms. He has been involved with the financial markets since 1995. He currently practices law in Houston, Texas. Stewart is the proprietor of the Bonddad Blog.
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