On America's Debt Crisis

It took a Genius like George Bush to achieve this in just 4 years.

When Bush came to power, US had surplus. Bush distributed all that money to rich Americans by means of Tax-Cuts and in his whimsical wars in Iraq and Afganisthan . Then the left over was handed to the bankers as TARP & QE 1,2 all ofcourse in the name of saving the economy from downturn.

Now the Republicans say not just NO to tax rises but insist on only reducing the expenses thereby hitting the poor only.

That's how rich become more rich at the cost of poor. American style.

Pradeep