Sunday 24 July 2011

The Republican Hypocrisy on Debt-Ceiling.

 
 
Nixon raised the debt ceiling 9 times for a total increase of 36%.
Ford raised the debt ceiling 5 times for a total increase of 41%.
Reagan raised the debt ceiling 18 times for a total increase of 199%.
George H.W. Bush raised it 9 times for a total increase of 48%. 
George W. Bush raised the debt ceiling 7 times for a total increase of 90%.
 
The disagreement between the Republicans and the Democrats is over the ratio of spending cuts to tax hikes. The Republican Party want 85% spending cuts and 15% tax increases but the Democrats want 83% in cuts and 17% in tax rises. Of course there are some who want to see 100% spending cuts and no tax hikes at all, those people are fucking mental!

No comments: