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Bush has gone overboard with spending, and his fellow Republicans have not restrained him.
However, ignoring a recession (which was coming before Bush was elected)... and the high cost of fighting the war on terror is intentionally putting blinders on reality. We have gone vastly into debt after EVERY war, it'll happen.
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"Smite the rocks with the rod of knowledge, and fountains of unstinted wealth will gush forth." - Ashbel Smith as he laid the first cornerstone of the University of Texas
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