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Does the national debt belongs to the Democrats ?

Or do we wait till they pass Health Care?

Within the next few weeks, probably as soon as the votes on health care reform have been taken, the Senate faces the painful duty of once again raising the statutory limit on the national debt, as the House already has done.

It is never fun for the party in power, but this year will be harder on the Democrats than ever.

The final accounting on the just-ended fiscal year showed a record deficit of $1.4 trillion, a gap that is the largest since the end of World War II when measured against the size of the overall economy.

The Republicans are poised to pounce. Senate Republican leader Mitch McConnell accused the Democrats of "acting like a teenager on a spending spree with his parent's credit card with no regard to who pays the bill."
http://www.recordnet.com/apps/pbcs.dll/article?AID=/20091025/A_OPINION0606/910250306/-1/A_OPINION#STS=g198wa3q.rso

Answer Question
 
Anonymous

Asked by Anonymous at 9:11 AM on Oct. 26, 2009 in Politics & Current Events

Answers (33)
  • Over the past year, including in a pre-inaugural interview with The Washington Post, President Barack Obama has repeatedly promised to attack the deficit problem, after economic recovery is secured, and not "kick this can down the road" to his successor.


     Failed Promise from Obama?

    Anonymous

    Answer by Anonymous at 9:12 AM on Oct. 26, 2009

  • http://www.politico.com/news/stories/1009/28586.html

    The Senate must soon increase the national debt limit to above $13 trillion — and Democrats are looking for political cover.
    Anonymous

    Answer by Anonymous at 9:13 AM on Oct. 26, 2009

  • When Bush the younger took office, there was a budget surplus...
    rkoloms

    Answer by rkoloms at 9:54 AM on Oct. 26, 2009

  • rkoloms, I haven't had my coffee yet, but isn't this post about OBAMA? You know, the guy that spent more in the first 3 months in office than Bush did in 8 years? You know, Obama, our current president?
    mancosmomma

    Answer by mancosmomma at 9:59 AM on Oct. 26, 2009

  • Its hard for them to follow Manco. The ONLY defense to the current presidents stupidity is to try and find someone more stupid. How that helps the HERE and NOW is beyond me. Especially since, like you say, he has out spent Bush MAJORLY. Its their problem now. MOST people are getting tired of the current admin blaming the last president and pouting "thats not fair" like a 7 yr old. Even his buddy buddies in Hollywood are starting to take stabs at him for it. The CURRENT deficit is THEIR problem because he beg, borrowed and stole for it....he wanted it, he GOT it...now HE needs to quit b*tchin and DO something BESIDES spend money "like a teen with his parents credit card.

    momof030404

    Answer by momof030404 at 10:04 AM on Oct. 26, 2009

  • Yes, the national debt belongs to the Democrats. People complained about Bush's spending; but since the Democrats now have all the power they are spending at an astounding rate. Enormous spending bills keep sprouting and growing in Congress. It's terrifying.

    mancosmomma

    Answer by mancosmomma at 10:21 AM on Oct. 26, 2009

  • Yes, the national debt belongs to the Democrats. We are significantly more in debt now than we were 10 months ago.

    Teenagers with a credit card -- yep, that's about right.

    Say it with me, ladies -- You cannot spend what you do not have.
    May-20

    Answer by May-20 at 10:37 AM on Oct. 26, 2009

  • Blah, blah blah......The situation is not going to be fixed over night. Obama himself said that it probably won't be fixed in the first 4 years. Everyone is so quick to point fingers and place blame but the truth is the national debt had been f*cked up for many years and it is democrats and republicans, alike that have created this problem. You have to have patience.
    Anonymous

    Answer by Anonymous at 10:39 AM on Oct. 26, 2009

  • I hate to break it to you, but the national debt belongs to everyone. We're all Americans and we're all in this together. We don't all have to like all of the policies and we can have varying opinions on how we got into this mess, but at the end of the day everyone played their part in getting us here and the debt belongs to us all. Pointing fingers isn't going to get anything done.
    beckcorc

    Answer by beckcorc at 10:40 AM on Oct. 26, 2009

  • Agree with anon 10:39!
    older

    Answer by older at 10:42 AM on Oct. 26, 2009

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