100 years to recover from Bush »
Posted By jovial 3 months, 3 weeks ago in NewsIt 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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jovial
Grew up In Brooklyn. Joined the Navy in 1976 stayed in 10 years. Aircraft Electronics tech. Worked for Major Govt. contractor then settled in California ...
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jovial3 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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Neophile3 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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hyperbola3 months, 3 weeks ago
Automated translations are still deficient. If you can read the interview in spanish.
http://www.elmundo.es/elmundo/2008/06/14/intern...
By the way, El Mundo is the largest of the "right-wing" newspapers in Spain.
Can you imagine a "right-wing" newspaper in the US (say the Wall Street Journal) publishing this kind of interview? Might give you an idea of the degree of self-censorship in the american corporate media.
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mesodude3 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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sinophil493 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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CHAM3 months, 3 weeks ago
Sino
And lets not forget the "Accrued" ( Long Term Liabilities ) that has shot up during the Bush Administration.
When Bush took office, this type debt stood at $20 Trillion.
By September 1, 2007 it had risen to $53 Trillion-per the Comptroller General of the USA and in his annual report. The next report is due this Sept.
I'll bet that debt will exceed $60 Trillion. How long will it take to pay that back down to $20 Trillion?
Sixty Trillion is 60,000 Billion.
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sir_samurai3 months, 3 weeks ago
Wow! 200 years? That's the whole history of America undone; PLUS, 1,000 years of world & civil history - since Habeas Corpus - undone buy none other than that mindless Chimp and hyenas Gremlin in Washington, Bush the Butcher!
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rightfromwrong3 months, 3 weeks ago
America is not growing...only by raping & pillaging countries of their resources is keeping America afloat. U are loosing middle class jobs everyday being replaced by joe jobs like the Walmarts who are parasites!!!!
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Candida3 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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