National Debt – An Equal Opportunity Disgrace

“It’s an imperfect analogy, but imagine the green is your salary, the orange is the amount you’re spending over your salary, and the red is your credit card statement. Then tell your spouse, “Don’t worry, dear, I just increased our debt ceiling with a new Visa card!”

The chart is brutally bipartisan. Debt increased under Republican presidents and Democratic presidents. It increased under Democratic congresses and Republican congresses. In war and in peace, in boom times and in busts, after tax hikes and tax cuts, the Potomac flowed ever deeper with red ink.”

As seen on Facebook H/T Jeff Wilson.

This entry was posted in Government, Politics. Bookmark the permalink.

3 Responses to National Debt – An Equal Opportunity Disgrace

  1. auscitizenmom's avatar auscitizenmom says:

    That is just plain scary. And, it makes it worse to realize what Obama did with the money he had control over. He treated it like one huge slush fund and just flat out squandered so much of it.

    Liked by 3 people

  2. John Denney's avatar John Denney says:

    Dr. Ben Carson found half a trillion dollars worth of accounting errors at HUD.

    Maybe all that debt is just an accounting error, too. /s

    Like

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.