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100 years to recover from Bush »

Posted by: jovial 2 months, 3 weeks ago

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It will take the United States a century to recover from the damage wreaked by President George. W Bush, US writer Gore Vidal said in an interview published on Saturday.

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    jovial2 months, 3 weeks ago

    A pretty damning statement. Is this author off the mark, way far off, or somewhere in the middle?

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      Neophile2 months, 3 weeks ago

      Here's the full interview translated from Spanish:

      http://64.233.179.104/translate_c?hl=en&sl=es&t...

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      22 Replies

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      mesodude2 months, 3 weeks ago

      Thinking back over the last 8 years, I would've guessed much longer than 100 years. Bush and the GOP have set and broken so many unenviable records. ;-(

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        sinophil492 months, 3 weeks ago

        jovial - You are right. Gore Vidal is way off the mark.

        Our national debt incurred from WWII (1940-1945) was 2.1 trillion dollars. Our government finally paid it off by about 1980 under Pres Carter - a period of 35 yrs.

        By the time GWB leaves office, the debt will be about 10 trillion dollars. This 4 times the WWII debt.

        So assuming approximately the same average economic growth of the last 35 yrs, the debt will take 4 times the time period to pay off = 35X4 = 140 yrs.

        However, considering the devalued dollar, the sky high oil prices, the cost of fighting global warming, the time frame will probably be considerably longer.

        Add to that the further cost of the Iraq war. Even if Obama starts the process of withdrawal the day he takes office, the process will still take an additional trillion dollars. My guess is that it will take 150 to 200 yrs to pay off GWB's national debt. Who's to say I'm wrong?

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        Candida2 months, 3 weeks ago

        jovial: "A pretty damning statement. Is this author off the mark, way far off, or somewhere in the middle?"

        It's hard to tell without a crystal ball. Who knows, it may take only 99 years.

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        12 Replies

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        mark-stevens2 months, 3 weeks ago

        BS... This country when the citizens want it, can recover from world wars and a depression in a very short time.

        If we keep electing a goverment that keeps this country divided amd begging, we will be the next Mexico

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