Obama’s and Bush’s effects on the deficit in one graph

[dellinger63]

Originally Posted by Riot

It's a shame you still don't understand how the debt ceiling works, and what it is. That 2 trillion was spent a long time ago by our Congress. The bill is here. We have to pay it. We are not borrowing for future spending.

BTW, the "Ryan budget", once voted in, will have to have a debt ceiling raise nearly every year.

We need a debt-ceiling raise every month. That's the only way we'll control the crackwhore like spending and show we're on top of the debt.

Since we spent this $2 trillion long ago I trust there won't be any other crazy spending plans. Like paying people for their houses so the Fed can burn them making those people want to buy new domiciles

Guess IMO it comes down to military spending preserving independence while entitlement spending creating dependence. I'd rather be independent while some prefer a hangy, dried up tiat to suck on. Social Security and Medicare are not entitlements until they are not contributed to by their recipients. Currently they are victims. Being drained by the likes of cash for clunkers, Pakistan aid and forgiving Egypt's tab. Belly up Grandma and Grandpa!