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Reply to "Republicans and the debt ceiling "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Q: "Here's one member explaining his intention to vote no on debt ceiling: 'This massive accumulation of debt was predicted...it was the result of willful and reckless disregard." Biden econ advisor Jared Bernstein: "I don’t know who that lawmaker is." Q: "Joe Biden in 2006." [twitter]https://twitter.com/FoxNewsSunday/status/1622272347028824064[/twitter][/quote] That was true in 2006. Bush and Republican Congress inherited a balanced budget in January 2001 and blew up the deficit with tax cuts by May. Then after 9/11 they made no attempt to pay for any of the subsequent huge increases in Defense and Homeland Security spending. [/quote] And, we can say the same about that now... The American Recovery Act (which is actually the American Recession Act) and the Inflation Reduction Act (which is actually a climate bill). "Willful and reckless disregard" explains those perfectly. [/quote] The Infrastructure Bill and the Inflation Reduction Act will generate huge returns for the country. It's amazing how Republicans pretend to be the ones who represent business, yet don't seem to understand basic concepts like ROI.[/quote] Bingo![/quote]
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