Thursday, Nov. 1, 2012 | 2 a.m.
In response to the letter titled “The best stewards of our tax money?” by Robert Bencivenga, I would like to add light to the numbers. I take no objection to the numbers he used, but I would like to add our current administration to the comparison. At the end of the Bush administration, national debt was $10 trillion in September 2008. In September 2012, our national debt had grown to $16 trillion.
To compare: During the 12 years of Reagan and George H. W. Bush ($900 billion to $4 trillion) debt grew $258 billion annually. The Clinton years saw an increase of $200 billion yearly ($4 trillion to $5.6 trillion). George W. Bush grew at $544 billion yearly ($5.6 trillion to $10 trillion). During President Barack Obama’s four years, it has grown at $1.5 trillion annually. Now, I must ask, who has been the best steward of our tax dollars?