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under bush regan and bush debit celling was raise 22 times?

now why is this rough thing to do now ?

15 Answers

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  • Di
    Lv 7
    10 years ago
    Favorite Answer

    And then Senator Obama - when GWBush asked for a debt ceiling increase voted against it. Payback is hell as they say.

    "The White House said Monday that President Barack Obama regrets his vote as a senator in 2006 against raising the debt limit — a vote he's now pressuring Congress to take. "

    So, what is it. A bad thing under Bush but now a regrettable vote because Obama needs it to stay in power. Double standard anyone.

  • Anonymous
    10 years ago

    Actually Reagn raised it 19 times and Bush 43 raised it 7 times. I don't know how many times Bush 41 raised it, but he did.

  • tom
    Lv 6
    10 years ago

    Seems that Reagan was a national hero to the right for doing it, but Obama is unpatriotic for doing the same thing.

    Goes to show that people do not vote based on reality, but on a team game and they have to win no matter what happens!

  • Ditka
    Lv 7
    10 years ago

    Because we are talking TRILLIONS AND TRILLIONS compared to a few millions... That's like going to a Bank and asking for a MILLION Dollar loan when you haven't paid a penny back on previous loans compared to a HUNDRED Dollar loan with good credit.

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  • ?
    Lv 6
    10 years ago

    raising the celling 22 times to account for inflatin etc... is one thing, to raise it once by 2-4 trillion is insane.

  • IceT
    Lv 7
    10 years ago

    Because our debt has never been $14 trillion!

    Because O'Bama and the Democrats have increased the debt 40%!

    Because if we don't lower the debt our credit will get down graded and every one will pay more!

    Because if we don't cut spending by $4 trillion our credit will get down graded.

    Because the path we are on is UNSUSTAINABLE!

    Because O'Bama promised to cut the debt in half but instead has increased by 40%.

    Because O'Bama promised that business as usual in DC was a thing of the past.

    Because our currency is losing value. Are you ready to pay $20 for a loaf of bread and $40 for a gallon of gas?!

  • 10 years ago

    Sadly, I think the only reason is because there is a Democrat in office, and the Tea Party hates Obama.

    The right wing media has done a great job lying to make rural Americans hate Obama for no reason. The right wing media created the Tea Party to "re-brand" the Republican party after the 2008 election, and they filled that Tea Party with the most hateful racist ideologues that ever held office.

  • 10 years ago

    Why now? Because it has gotten to the point where we are broke. Where if we allow things to continue as they have, we will be facing economic collapse.

  • 10 years ago

    And Obama opposed it, saying that it weakens us and is creating a burden for our children. Why is that suddenly not the case now?

  • 10 years ago

    "now why is this rough thing to do now ?"

    Doesn't it seem the nations in Europe classified as PIIGS might be a warning to us?

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