The Biden Economy

[whell]

Originally Posted by finnbow

So, the 25% figure is indeed correct with added context. The other key point is that during Trumps term, Congress extended the debt limit 3 times without preconditions. Why did you fail to acknowledge that?

So, the 25% would have been correct if no one occupied the White House during that time. That's the point. You're efforts to affix blame notwithstanding, a good chunk of that was COVID relief that Biden extended.

Your current fixation on extending the debt ceiling also ignores the central point that our current course is not sustainable. There are many folks out there, me included, who look at the episodic raising of the debt ceiling without any accompanying efforts to enforce some spending discipline as kicking the can down the road. We're starting to run out of road.

Also, the debt limit was reached a month ago, and in spite of the Dem's gloom and doom messaging about government shutdowns and grandma panhandling in Times Square because she didn't get her Social Security check, we're all still alive and kicking.