THE ECONOMY IS WORSE THAN I THOUGHT...

A LOT WORSE and the future doesn't seem very promising either. Below I noted the tremendous increase in the National Debt but that tells only a part of the story. Hale "BONDDAD" Stewart at HuffPo points out that total household debt has also skyrocketed since Pres. Fredo took the reins. Here's the graph he provides:

Hale observes:

In the fourth quarter of 2001, total household debt outstanding totaled $7.680 trillion dollars. In the second quarter of 2007, total household debt outstanding increased to $13.331 trillion -- a 73.56 percent increase.

Let's place those figures in perspective.

In the fourth quarter of 2001, total household debt was 75.10 percent of GDP. In the second quarter of 2007 it was 96.82 percent

In the fourth quarter of 2001, total household debt was 102 percent of disposable income at the national level. In the second quarter of 2007 it was 129.62 percent of personal income at the national level.

The little there is of the Great Bush Expansion is due to MASSIVE DEBT.