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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: FJB who wrote (506317)	9/4/2012 4:35:00 PM
From: FJB	Read Replies (2) \| Respond to of 794407

The debt has increased approximately $5.4 trillion since President Obama took office on January 20, 2009. http://www.weeklystandard.com/blogs/1601576978821580_651649.html

To: FJB who wrote (506317)	9/4/2012 4:39:56 PM
From: Bridge Player	Respond to of 794407

Current debt ceiling is $16.394 trillion. At the current rate of roughly a billion/year deficit spending, that ought to be reached sometime around Christmas. Should be good for another few laughs this fall as the media starts to focus on the fiscal cliff. It's gonna be a riot to watch the post-election goings on in Congress as these jokers pretend to deal with both problems, the large majority of them having just been reelected but a bunch of them lame ducks with no particular ax to grind except maybe "God, I'm glad I'm gonna be out of this funny farm in another 2 months", or, maybe, "How could they do this to me (sniff...) I've always brought home the bacon for them haven't I (sniff)..", while the empty chair tries to whittle down his pardon list.