Thread: Economics The Debt Ceiling Approacheth
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Old 01-07-2013, 11:43 AM   #57
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Quote:
Originally Posted by mlyonsd View Post
I've been talking about it since Bush was president.

When you said 'we' I thought you literally meant the rest of the public and MSM. Democrats raised the debt ceiling when they were totally in power, I don't recall any giant worry about it then by them. Why? Because the dems could do anything they wanted, which is tough luck since they won the 2008 elections.

Now that the country has effectively split their power up in the last two elections, using the ceiling as a tool to reign in spending is why the limit exists, and exactly what republicans were put in office to do.
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