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The American Empire in a Changing World



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Saturday, July 16, 2011

Since 1980, the debt ceiling has been raised 39 times

from wapo..........

"It was raised 17 times under Ronald Reagan, four times under Bill Clinton and seven times under George W. Bush.”

At any given time, the minority party likes to pretend that the debt is all the majority party’s fault. That’s the whole theory behind the McConnell plan. But every president and congress is paying for the decisions of every previous president and congress. This is, and always has been, a bipartisan affair".............READ MORE

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