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Politics : Evolution
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To: longnshort who wrote (28467)7/14/2012 1:08:16 PM
From: 2MAR$  Read Replies (3) of 69300
 
Is the us 15 trillion in debt because of it's capitalism or socialism ?

Can think of where 4tril went to war also seem to remember Paul O’Neill trying to warn Dick Cheney that growing budget deficits-expected to top $500 billion one fiscal year alone posed a threat to our economy, Cheney replied “You know, Paul, Reagan proved deficits don’t matter" . Last august the S&P downgraded America’s debt because the Republicans made the process of governing so dysfunctional that Washington couldn't be trusted to agree to make even the most basic decisions .

And to who's benefit was it to cause more trouble in the economy during a runnup into the next election year and do the fillibustering that caused that downgrade to occur ?
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