Yea, Time to raise the debt ceiling again...

This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.

ignerntbend

Sharpshooter
Special Hen
Joined
Mar 27, 2009
Messages
15,797
Reaction score
3,270
Location
Oklahoma
In years past such an embarrassment would cause such a fervent response by the American people that those in congress would be hard pressed to run for re election. now it is cause for a joke or an entertaining skit on Saturday Night Live!
Not really. The debt ceiling has been raised 94 times since 1944 and it tends to happen without notice. In fact, under the right president, it's thought to be a good thing as it was under Reagan in 1981. He needed it to balance his tax cuts. Same with Bush the Younger who raised it more often than his successor has.
 

Latest posts

Top Bottom