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I've said it before, and Ill say it again. At DU, there is no past, there is only present - If the lead Democrats do a 180 on their position on anything, not only do the loyal DU minions, but they forget that they had the opposite opinion on the same topic just a little while before.Here are just a few Debt Ceiling threads from just a few years ago..Congress Asked to Lift Debt LimitNational debt grows $1 million a minuteNational debt history 1951-present <---This one US Treasury to halt state, local securities sales (to prevent breach of national debt limit)And this is just a few samples...Now, before you progs get all high and mighty and claim, 'well you rethugs also did a 180' , You need to remember one thing. All of the people responsible for attempting to stop this crap (read as: "Tea Party") weren't in office then.
ladywnch Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-19-07 11:38 AM Response to Original message 8. what's the point of a ceiling if you just keep raising it? Let's just do away with it all together.....like our civil liberties? Let's face it, it was a 'quaint notion' to have a debt ceiling, but that is now horse a buggy thinking. The commander in chimp needs unlimited spending authority if we're ever going to win the war on terrorism. We have to keep spending over there so we don't have to spend it here! Seriously, isn't this the second time in jr's tenure that they've had to do this or am I mistaken?
UpInArms Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-21-07 12:52 PM Response to Reply #4 7. $29,727.74 per person http://www.brillig.com/debt_clock /The estimated population of the United States is 303,045,170so each citizen's share of this debt is $29,727.74.The National Debt has continued to increase an average of$1.41 billion per day since September 29, 2006
LOL! Now we've got dems talking about giving Obarky martial law to keep spending money.
UpInArms Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-20-07 12:39 PM27. Paulson warns Congress about debt ceiling (wants to raise it to almost $10 Trillion) Source: Associated PressWASHINGTON (AP) -- Treasury Secretary Henry Paulson told Congress on Wednesday the government will hit the current debt ceiling on Oct. 1.He sought quick action to increase the limit, saying it was essential to protect the "full faith and credit" of the country, especially at a time of financial market turmoil.The limit is $8.965 trillion. Unless Congress votes to raise it, the country would be unable to borrow more money to keep the government operating and to pay debt obligations coming due.The United States has never defaulted on a debt payment but the decision on whether to raise the debt ceiling often means a prolonged battle in Congress.<snip>This month, the Senate Finance Committee approved increasing the limit on the debtto $9.82 trillion. That boost of $850 billion would be the fifth since President Bush took office in 2001.Read more: http://www.thonline.com/article.cfm?id=173797The Outstanding Public Debt as of 20 Sep 2007 at 03:30:31 PM GMT is:(It's 16.750 trillion, but it didn't carry over in plain text)
There's a reason why patriotism is considered a conservative value. Watch a Tea Party rally and you'll see people proudly raising the American flag and showing pride in U.S. heroes such as Thomas Jefferson. Watch an OWS rally and you'll see people burning the American flag while showing pride in communist heroes such as Che Guevera. --Bob, from some news site
TexasObserver Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 12:53 PM1. Clinton & Carter = 12 yrs avg. $123 bil defic/yr. Reagan, Bush, Bush = 20 yrs avg $375 bil defic/yr That is why Democrats are more responsible in control of the budget, more economic sound, and yes, MORE FISCALLY CONSERVATIVE than Republicans.
Obama’s average deficit was $1.3 trillion during his first three years. This translates into an average deficit that is 9.2 percent of GDP.
All their posts - "Just say NO to raising the debt ceiling! Just say NO to raising the debt ceiling!"Now they sing a different tune. Like birds in a cage..
Dems don't need to do that. Obama just took that power away from Congress himself.