We will default eventually Under O'Bammah and the Democrats. By the end of 2012, the debt ceiling will be so high we will not be able to pay the debt no matter what we do. How do you see O'Bammah making any chages that will actually improve quality of life in any way. The poor man's taxes are going up to pay the bill. Hope you like the idea of a 40% raise in taxes, and all jobs leaving America. This is the path we are on. So if this is the future you want go ahead and vote democratic.
Fearmonger much, with false attribution as well?
Obviously so.
Total federal debt was nearly $12T at the end of FY 2009. Republican presidents held veto power over the budget for 20 of the preceding 28 years. Debt accumulation slowed only when they didn't control the executive branch. Total debt increased from $1T to that $12T figure during that time. Republicans never cared a bit about debt when they were in control, particularly in the 2003-2005 timeframe, when they controlled both the legislative & executive branches, & the record proves it. They even cut taxes & went to war in the same breath, a first in the history of the nation.
Obviously, the best time to get all weepy about it is when the economy is in poor condition, and when federal income taxes are at their lowest rates of the post WW2 period. Now is obviously the right time to raise hell & threaten default on existing debt as a show of some sort of "principles", as if they've exhibited any in the past, as if there's some real solution that doesn't involve raising taxes.
In the sense that Obama is holding taxes low and increasing debt by leaps & bounds, he's only doing exactly what his last 3 Republican predecessors did...
But it's all Obama's fault. Everything.
But when Ronnie, GHWB & GWB did it, everything was peachy. Really. According to the brain dead right wing partisans in this forum, anyway.
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