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Thread: Economists: Failure to raise debt limit could lead to recession

  1. #141
    Disappointed Evolutionist
    Catawba's Avatar
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    Re: Economists: Failure to raise debt limit could lead to recession

    Quote Originally Posted by Paschendale View Post
    Looks to me like getting the country into debt isn't so much a left or right thing as it is an American thing.
    Yes indeedy! We have a very representative government as far as I can tell. We get the government we deserve.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  2. #142
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    Re: Economists: Failure to raise debt limit could lead to recession

    Quote Originally Posted by Badmutha View Post
    Obama--Pelosi--Reid gave us the Largest Budget in US History, The Largest Budget Deficit in US History, The Largest Spending Bill in US History, and The Largest National Debt in US History.

    While yes we can blame it all on the San Franfreakshow Box of Hair.........but Reid and Obama gave their 100% support as well.
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    Yes, all of those things are true, except who is to blame.... this group has merely been paying the bar tab left by the previous government(s) of drunken fools. Given, however, that our deficits were the lowest in recent history at the start of the previous administration's drinking binge and the highest at its end, I think the lion's share of blame can be pretty safely laid upon that group.

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