Increasing debt has been a perpetual theme for both sides

Bloomberg breaks down the numbers that make up the debt ceiling and looks at how many times it has been raised through the years.  Here is a direct link.

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4 Responses to Increasing debt has been a perpetual theme for both sides

  1. William says:

    The entire debtceiling debate is kabuki, a dog and pony show.

  2. Roberta says:

    I do wish they would pass a balanced budget and pay off a few trillion. The large numbers are scary. However if the national debt is 100% of national GDP isn’t that similar to an individual making $100,000/year having a mortgage of $100,000? Doesn’t seem too bad. I do understand that the debt/GDP ratio is getting larger and if interest rates rise it’ll be TILT! GAME OVER! but for now we’re doing OK. Kind of………..

  3. Robert says:

    It doesn’t matter who raised the Debt Ceiling how many times what matters is who is doing what right now. Obama is obviously incompetent and suffering from mental illness.

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