Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
So, can you answer 'WHY didn't O fix it instead of CONTINUING it?'
C'mon, inquiring minds want to know.
Quote:
Quote:
When George W. Bush took office
the debt limit was 5.95 trillion. The national debt was 5.73 when bush first took office. When he left office our national debt was 10.63 trillion. So, how did the national debt double under eight years of bush's reign?
Let's add the rest of the quote of mine to which you referred.
Obama has been working on it. When he took office he inheirted the worst mess this country has ever been in. The damage Bush did will not be repaired overnight, or in four years. He did try to work bi-partisan, but he quickly learned the republicans were only going to obstruct and block anything he tried. I also believe when Obama first took office he didn't realize the extent of the damage Bush and company inflicted on this country.
Now what I think is we will have to cut expenses, but not just to the poor and middle class, but to other areas as well. Additionally, we will have to raise revenue if we are to recover.
Politicians, whether they are republican or democrat are too busy grand standing, and blocking what the other side suggests.
Both sides know that it is going to get raised.....probably 2.3 Trillion just to get us to the end of 2012. No two ways about it..........the national debt will be 20-22 Trillion by the end of 2016.
No it won't, not if no one is buying the debt.
Quote:
Originally Posted by monkeywrenching
the debt ceiling should have never ever been raised past 1 trillion and even that is too much.
That's what happens when government starts believing its own propaganda, disinformation and lies.
Seriously, this look like deja vu ala the Soviet Union circa 1970.
b (1): a government in which supreme power resides in a body of citizens entitled to vote and is exercised by elected officers and representatives responsible to them and governing according to law (2): a political unit (as a nation) having such a form of government
Let's add the rest of the quote of mine to which you referred.
Obama has been working on it. When he took office he inheirted the worst mess this country has ever been in. The damage Bush did will not be repaired overnight, or in four years. He did try to work bi-partisan, but he quickly learned the republicans were only going to obstruct and block anything he tried. I also believe when Obama first took office he didn't realize the extent of the damage Bush and company inflicted on this country.
Now what I think is we will have to cut expenses, but not just to the poor and middle class, but to other areas as well. Additionally, we will have to raise revenue if we are to recover.
Politicians, whether they are republican or democrat are too busy grand standing, and blocking what the other side suggests.
O didn't inherit anything. He was part of the cause of it. And we all know it. Some will not admit that. To set O away from this is wrong.
In 2006 - Obama was the "I wanta be Prez" dude.
In 2011 - Obama is the "I WON" dude.
All of 2009, 2010, (so far in 2011) Obama is the "Campaigner in Chief".
It is what it is.
...and the beat goes on.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
