I can appreciate your wanting to use your "brother" as an example of the whole, but I am going to look at the information available.
It seems to me, the "making of a doctor" is not an overnight process. My understanding is it takes many years of medical school, internship, etc. in order to be allowed to practice medicine in the United States. I'm guessing qualified Doctors should have entered medical school about the time Bush was elected to his second term in order to be qualified to practice on any of the new patients Obamacare will be covering in the near future.
To her Wall Street owners: Hillary Clinton: “But if everybody's watching, you know, all of the back room discussions and the deals, you know, then people get a little nervous, to say the least. so, you need both a public and a private position.” - Hillary Clinton: "I'm kind of far removed from the struggles of the Middle Class"
Looks like jealousy to me. How does my buying a home affect govt. debt?
The savings and loan crisis of the 1980s and 1990s (commonly dubbed the S&L crisis) was the failure of about 747 out of the 3,234 savings and loan associations in the United States. A savings and loan or "thrift" is a financial institution that accepts savings deposits and makes mortgage, car and other personal loans to individual members—a cooperative venture known in the United Kingdom as a Building Society. In 1995, the RTC had closed 747 failed institutions, worth a book value of $402 billion, with an estimated cost of $160 billion. In 1996, the General Accounting Office estimated the total cost to be $370 billion, including $341 billion taken from taxpayers.
Savings and loan crisis - Wikipedia, the free encyclopedia
Also the recent assets bubble pop (The Great Bush Recession) that was more expensive.
And you have a " Website" and everything. You blame the one person who for the entire length of his Presidency actually tried to get a handle on the Massive and Corrupt Fannie and Freddie.
Who by 2008 held over 5 TRILLION in junk mortgages or junk mortgages backed by toxic Mortgage Backed Securities.
Its more evidence of my hypothesis, that Liberals use their twisted ideology to define the truth, not the other way around.
Clinton, through a long list of Executive Orders in his 1995 National Homeowners Strategy basically built the market by one, lowering Capital Resuirements on loans purchased by the GSEs from 10 to 3% and change how banks complied with CRA regulations forcing them to make loans to people at or below 80% of the mean income level for the Community they served.
Janet Reno threatening banks and the 1994 Riegle Neal Act that tied a banks CRA score to their abillity to grow and acquire new proeperties.
Plus he appointed his Democrat criminal buddies to run Fannie and Freddie. Franklin Raines ? Ring a bell ?
Hell if people like you have a Website, maybe I should start one. I at least know what I'm talking about.
So? It still doesn't mean Clinton didn't have a budget surplus Even after ten years previously of deficit spending.The Treasury is the keeper of the data and we pay debt service on that data so suggest if you have a problem with the numbers take it up to them and get a refund for the taxpayers. Looks to me like about 1.5 trillion added to the debt during the Clinton term, 4.18 trillion to 5.72 trillion.
Like far too many you buy what you are told but really have no idea what you are talking about. Debt service is paid on the U.S. National Debt which is made up of total deficits between Public Debt and Intergovt. holdings. Easy to forget Intergovt. holdings, isn't it? Obligations for the future have no place in the liberal live for today world.