You are no different than the left wing 'I hate Bush' crowd. You continue to point out the similarities between the fringe right and fringe left. You won't be satisfied unless someone agrees it is all Bush's fault.
You, just as those on the left, engage in economic deception. You fail to look at either the debt or deficit in historical perspective, in 1943, the deficit was over 30% of GDP, today it is less than 4% (2004 was 3.6% to be exact) of GDP.
I recommend you read:
The Overstretch Myth
David H. Levey and Stuart S. Brown
Summary: The United States' current account deficit and foreign debt are not dire threats to its global position, as would-be Cassandras warn. U.S. power is firmly grounded on economic superiority and financial stability that will not end soon.
- David H. Levey recently retired after 19 years as Managing Director of Moody's Sovereign Ratings Service. Stuart S. Brown is Professor of Economics and International Relations in the Moynihan Institute of Global Affairs at Syracuse University's Maxwell School of Citizenship and Public Affairs.
http://www.foreignaffairs.org/20050301facomment84201/david-h-levey-stuart-s-brown/the-overstretch-myth.html
Instead of relying on Cassandras like paleo-con Paul Craig Roberts.
The 2005 deficit is projected to be 2.7% of GDP (smaller than the deficits in 15 of the last 25 years as a percentage of GDP), falling to 1.1% by 2008. GDP, in the meantime, is increasing at a healthy 3.5%+, which to anyone conversant in math means the overall debt will also decrease as a percentage of GDP.
Now, let's talk about debt historically, in 1946 the debt was 122% of GDP, the 2004 debt was 63.7% of GDP, compared to 1996 when it was 67.3%. As stated above, if GDP increases faster than the rate of the deficit, the debt percentage of GDP correspondingly goes down. Since 1940, the economy has grown 5 times as fast as the debt.
More suggested reading for you:
Why America’s Debt Burden Is Declining
Brian M. Riedl
Conclusion
The obsessive focus on budget deficits is misguided.
The debt ratio, a superior measure of government’s
debt burden, is as dependent on
economic growth as federal borrowing. The past
decade has shown that a growing economy can
absorb modestly increasing debt levels.
http://www.heritage.org/Research/Budget/loader.cfm?url=/commonspot/security/getfile.cfm&PageID=74358
Economics is the one area where the public is deceived most easily because 99% of the public has no concept of government economics, which is vastly different than the business world. All they see are these huge numbers that overwhelm their ability to conceptualize and make them susceptible to anecdotal misrepresentations.
Nice selective use of statistics there. We built up a huge debt during the war, which was to be completely expected, and then we paid it way down. The percentage was higher in '96 than today, but what you fail to mention is that it was dropping rapidly in '96, and is on the increase now, as Chart #3 on your bottom link shows. And there's no excuse for it going up. The Republicans have been much looser with spending than they allowed Clinton to be, and it's not because of 9/11-related matters either.