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The Bush tax increase on all Americans


Last updated 3/6/2008 at Noon

The National Debt increases an average of $1.54 billion per day; your individual share is $30,531 (that’s for every man, woman and child in America). When Bush took office in January 2002 the national debt was $5.7 trillion; now it totals $9.3 trillion – a 63-percent increase.

When Bush took office:

• One US dollar would buy 1.13 euros but now only buys 0.64 – a 43-percent decline.

• The national average price of a gallon of gasoline was $1.09 and now stands at $3.04.

• Consumer debt stood at $1.9 trillion and now stands at $2.5 trillion – a 36-percent increase.

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