26 July 2011
debt ceiling information
just as i suspected. thank you liberal media for confirming my liberal bias.
go for it barry!
James Fallows writes: “The Chart That Should Accompany All Discussions of the Debt Ceiling: It’s this one, from yesterday’s New York Times…It’s based on data from the Congressional Budget Office and the Center on Budget and Policy Priorities. Its significance is not partisan (who’s “to blame” for the deficit) but intellectual. It demonstrates the utter incoherence of being very concerned about a structural federal deficit but ruling out of consideration the policy that was largest single contributor to that deficit, namely the Bush-era tax cuts.”
It’s also worth noting that the debt ceiling was raised by $4 trillion under Bush without incident, and Speaker John Boehner, House Majority Leader Eric Cantor, and Senate Minority Leader Mitch McConnell approved each of the five increases.
via
Labels:
america,
barack obama,
money doesn't grow on trees,
politics
M83 Midnight City
Midnight City by M83
m83 has new music that i think you might like.
sorry my vacation took so long. i forgot to bring my laptop. ive got some good vacation themed posts to give you though, so reasy easy on those pins and needles for a minute.
m83 has new music that i think you might like.
sorry my vacation took so long. i forgot to bring my laptop. ive got some good vacation themed posts to give you though, so reasy easy on those pins and needles for a minute.
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