"Hi, I'm Mitt Romney and I got Punk'd by McCain into thinking that I actually had a shot at being named VP"

My favorite part of his speech was when he blamed liberals for ballooning the US Public Debt. Let's go to the facts shall we!

End of Fiscal Year	US Public Debt USD billions[19]	% of GDP[21]
1910	2.6
1920	25.9
1930	16.2
1940	43.0	44.2
1950	257.4	80.2
1960	290.2	45.7
1970	389.2	28.0
1980	930.2	26.1
1990	3233	42.0
2000	5674	35.1
2005	7933	37.4
2007	9008	36.8
2008		37.9(est)

So let's examine life since 1980. A large portion of that was under Reagan where the debt rose from $930.2bn to $3,233bn. I'm not saying it was good or bad, I'm just saying that's the fact. We can have discussions on the need for defense spending and the role that played in ending the Cold War but again, facts are the fact.

Meanwhile let's goto 2000, Bush II takes control and the debt balloons from $5,674bn to $9,008bn.

Now we don't need to back out the effect of inflation to see that a large amount of our deficit was done amidst the control of those who generated fear of external threats...