Some republicans feel that defaulting won't be that bad

Started 9 months ago | Discussions thread
DT200
Contributing MemberPosts: 835
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Reality check
In reply to rb59020, 9 months ago

Back in the 1990s the liberals behind Bill Clinton balanced the budget.   The Conservatives decided that was bad thing and gave massive tax cuts to the wealthy creating a deficit.  They then started 2 wars and destroyed the economy.

When Obama took office the bills came due for the wars, for GW's TARP, and for the ruined economy (his first year the Deficit had sky rocketed).  Thankfully Obama has turned this around and reduced the deficit each year since 2009 and keeps trying to fix the economy.  The Tea Party is now doing everything they can to destroy it again.

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