The chart shows the changes in government employment in these time periods.
Contrary to the GOP rhetoric, government growth and deficit spending were not phenomena invented by Obama.
The correct analogy is that now that you have a credit card and mortgage, you just are going stop paying them. Raising the debt ceiling is not about incurring future debt, its about paying for the budget as it is: past, present and near future.
Sorry, but anyone that thinks that not raising the debt ceiling is realistic is just not very well educated. The debt ceiling must be raised. Even those that are threatening to vote 'no' are only doing so to gain leverage (at least those with an IQ north of 100). It's a game of chicken... though some of us resent them playing chicken with the US economy.
Last edited by upsideguy; 06-04-11 at 09:48 PM.
It's impossible to draw a line in the political sand. It is a revolving door for cause and effect of which all political flavors share. They avoid admitting to that responsibility, but they can't ignore the facts. I hope that you don't either.
Last edited by Removable Mind; 06-05-11 at 08:44 AM.